Thinking about buying in New Norfolk? Now could not be a better time, with 3674 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $294,000 with prices in this suburb ranging from $14,000 to $2,315,000. The aproximate distance to the coast is 27 Km.
Median Weekly Rent | $291.91 |
Median Monthly Mortgage | $1166.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 2.27 |
Average Age | 43.82 |
Average Income | $614.55 |
Average Cars Per Dwelling | 1.78 |
Average Properties Within 50M | 10 |
1 Bed  $192,000 |
2 Bed  $241,000 |
3 Bed  $301,000 |
4 Bed  $355,000 |
5 Bed  $530,000 |
6 Bed+$384,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in New Norfolk is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in New Norfolk provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in New Norfolk necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
New Norfolk Primary School
Fairview Primary School
New Norfolk High School
St Brigid's Catholic School
(While the above schools are located with the suburb of New Norfolk there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.7 | 10.3 | 25.7 | 31.2 | 90.4 | 3.7 | 24.0 |
Feb | 1.1 | 9.9 | 24.5 | 37.1 | 93.0 | 3.6 | 20.8 |
Mar | 1.2 | 8.1 | 21.7 | 41.8 | 93.5 | 3.2 | 14.9 |
Apr | 1.6 | 6.2 | 18.4 | 47.8 | 94.8 | 2.9 | 9.4 |
May | 1.4 | 3.6 | 15 | 55.4 | 96.7 | 2.6 | 7.0 |
Jun | 1.6 | 1.9 | 12 | 64.7 | 98.2 | 2.2 | 5.4 |
Jul | 1.8 | 1.4 | 11.8 | 61.3 | 97.6 | 2.5 | 6.0 |
Aug | 1.7 | 1.9 | 14.0 | 51.2 | 96.0 | 2.9 | 8.9 |
Sept | 1.4 | 4.4 | 16.4 | 45.2 | 94.0 | 3.6 | 13.0 |
Oct | 1.4 | 5.4 | 18.8 | 41.6 | 93.8 | 3.5 | 18.2 |
Nov | 1.7 | 7.8 | 20.7 | 41.2 | 92.7 | 3.7 | 22.3 |
Dec | 1.5 | 9.1 | 22.7 | 37.5 | 90.7 | 3.8 | 24.7 |
source: Australian Government Bureau of Meteorology
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