Check another suburbYour suburb, scored · Data as of Oct 2026
New Norfolk, TAS
R-Score 77 / 100 — ranked #3,596 of 15,286 suburbs this month
Market conditions here are running warmer than most
Most of the demand and supply indicators we track are sitting above the national midpoint this month.
Scores describe measured market conditions — not personal advice, and not a forecast.
Suburb averages hide a lot. Check how your street compares with the rest of New Norfolk →
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Best Streets in New Norfolk, TAS
Compare every street in New Norfolk (TAS) on the Street Score →
Other High-Scoring Suburbs in Derwent Valley (TAS)
| Indicator | New Norfolk Reading | Context & Benchmark |
|---|---|---|
| Ripehouse R-Score | 77 / 100 | Ranked #3,596 of 15,286 Australian suburbs (Oct 2026) |
| Median House Price | $600,000 | +26.3% over the past 12 months of settled sales |
| Median Weekly Asking Rent | $580/wk | Implies a 5% gross rental yield at the current median price |
| Rental Vacancy Rate | 0.9% | Tight rental supply (below the 1.5% equilibrium threshold) |
| Median Days on Market | 61 days | Part of Derwent Valley (TAS) council area (LGA avg R-Score 75/100) |
Buyer's Agent & Quantitative Due Diligence
Considering buying an investment property in New Norfolk, TAS?
Since 2011, Ripehouse Advisory has helped Australian investors screen 15,000 suburbs and 518,000+ streets to avoid high-public-housing blocks, flood/overlay traps, and underperforming pockets. Speak with our team before you make an offer.
New Norfolk TAS FAQs
Frequently Asked Questions: Investing in New Norfolk, TAS
Is New Norfolk TAS a good suburb for property investment in 2026?
As of Oct 2026, New Norfolk (TAS 7140) scores 77/100 on the Ripehouse R-Score, ranking #3,596 out of 15,286 Australian suburbs. Market conditions here are running warmer than most. Key fundamentals include a median price of $600,000, median rent of $580/wk, gross yield of 5%, and vacancy of 0.9%.
What is the median house price and 12-month growth in New Norfolk TAS?
The current median property price in New Norfolk (TAS) is $600,000 (Oct 2026), representing a +26.3% change over the past 12 months. Properties in New Norfolk currently spend a median of 61 days on market.
What is the rental yield and vacancy rate in New Norfolk TAS?
In New Norfolk (TAS), the median weekly asking rent is $580/wk, producing a gross rental yield of 5%. The suburb vacancy rate is 0.9% as of Oct 2026.
What are the best streets in New Norfolk TAS?
Ripehouse Advisory scores every G-NAF street in New Norfolk against the suburb average for owner-occupancy, public housing, rent, and yield. Use the New Norfolk Street Score tool on this page to compare individual streets.
Which council area (LGA) is New Norfolk TAS located in?
New Norfolk (TAS, postcode 7140) is located in the Derwent Valley council area (LGA) within Greater Hobart. Across Derwent Valley, the council-wide average R-Score is 75/100 across 28 suburbs.
R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.