Back 109 Benjamin Terrace
Off Market

109 Benjamin Terrace

New Norfolk TAS 7140

717 m²
Land
Last sold for $178,000
Rose AllieRose Allie, last sold this property on 30 May 2025 after 179 days on market.

Overview

Flat 717 sqm allotment with development potential

Here's an exciting opportunity to secure one or both vacant allotments at 109 & 111 Benjamin Terrace, New Norfolk. Both blocks offer exceptional potential for strata development (STCA), and with the chance to acquire two side-by-side properties, they are ideal for developers and investors looking to maximize their investment. 109 Benjamin Terrace is a 717 sqm flat, level block, offering a fantastic opportunity for a unit development or the perfect spot to build your dream home in a tranquil yet well-connected location. With all essential utilities readily available and easy access to Hobart, this property blends peaceful living with modern convenience. Located on the northern edge of New Norfolk, the block is just a short distance from the town's vibrant centre and all its amenities. Surrounded by the historic charm of New Norfolk and the rolling hills of the Derwent Valley, this is an exceptional place to call home. Whether you're an investor or developer looking for a site for multiple dwellings, or someone looking to build their ideal home in a beautiful setting, this property offers endless possibilities.

Features

717 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in New Norfolk over the last 12 months, the estimated median property value of 109 Benjamin Terrace is $175k.

Median value
$175k
Estimated value range
$83k - $440k
Median days on market
118
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in New Norfolk. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 109 Benjamin Terrace

2025
Sold
$178,000
30 May 2025 by Rose Allie, of Elders Tasmania

Happy sellers in New Norfolk

91%
91% of sellers in New Norfolk reported that their sale price either exceeded or met their price expectations.

New Norfolk stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in New Norfolk over the last 12 months.

Local market activity for land plots in New Norfolk

In the last 12 months, 28 land plots similar to 109 Benjamin Terrace, have been sold.

This represents a 127% decrease in land plots sales when compared to the previous 12 months.

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