Back 34 Fairfax Terrace
Off Market

34 Fairfax Terrace

New Norfolk TAS 7140

3
1
4
103 m²
711 m²
House
Taran Pearce-DavisTaran Pearce-Davis, last sold this property on 29 September 2025 after 13 days on market.

Overview

Neat Three-Bedroom Home with Upgrades & Lifestyle Convenience

Situated in a handy, family-friendly location, this solid red brick home offers a comfortable blend of charm and modern upgrades. Perfect for first-home buyers, downsizers, or investors. For the Owner-Occupier Offering space, comfort, and convenience, 34 Fairfax Terrace is the perfect choice for families or first-home buyers looking to secure their place in a thriving community. The home features three spacious bedrooms, a functional floorplan, and a generous backyard ideal for children, pets, or entertaining. Set in a quiet residential street, you're only minutes from schools, shops, parks, and the Derwent River, with Hobart an easy commute away. Move straight in and enjoy a low-maintenance lifestyle, or take advantage of the block size and add your personal touch to create a home with long-term value. For the Investor 34 Fairfax Terrace presents an exceptional chance to secure a high-performing investment in the heart of New Norfolk. With rental yields sitting around 5.5% and vacancy rates below 1%, this is an income-producing property in a market where demand significantly outstrips supply. The three-bedroom layout appeals to a wide tenant base, while the 711m² block provides potential for future value through cosmetic updates or further development (STCA). Located just 35 minutes from Hobart, New Norfolk continues to deliver both reliable cash flow and strong capital growth, making this property a smart portfolio addition. Property Highlights: Three-bedroom red brick home with tasteful upgrades All bedrooms include built-in wardrobes Renovated main bathroom with modern finishes Secure, fully fenced yard Carport and garden shed for storage and convenience Large lawn area - perfect for a veggie garden, kids, or entertaining Short walk to IGA and nearby playground Public transport just metres away with direct routes to Hobart and New Norfolk town centre Whether you're looking to move straight in, rent out, or put your own stamp on it, 34 Fairfax Terrace offers comfort, security, and convenience all in one neat package.

Features

3 bedrooms
1 bathroom
4 carspaces
103 m² floor area
711 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in New Norfolk over the last 12 months, the estimated median property value of 34 Fairfax Terrace is $523.5k.

Median value
$523.5k
Estimated value range
$375k - $772k
Median days on market
33
Estimated value trend
14%
increase 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 34 Fairfax Terrace

2025
Sold
Undisclosed
Private Sale/Treaty on 29 Sep 2025 by Taran Pearce-Davis, of Derwent Real Estate
2023
Rented
Undisclosed
Leased on 07 Sep 2023 by Derwent Real Estate
2023
Sold
$452,500
29 Jun 2023 by Rychelle Brown, of PRD Hobart

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 3 bedroom houses in New Norfolk

In the last 12 months, 68 three-bedroom houses similar to 34 Fairfax Terrace, have been sold.

This represents a 9% increase in three-bedroom houses sales when compared to the previous 12 months.

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