FOR SALE
Offers Over $375,000

1 Oakley Street
New Town TAS 7008

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 421m2
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Never to Be Seen Again

1 Oakley Street is one of the last remaining vacant residential blocks located in the heart of New Town.
Whether it be schools, shops and the calvary hospital walking distance away, it is easy to understand why the area remains highly sought after.
Situated on 420m2 there is enormous scope to build a new, magnificent home in an exclusive area.
A quick scan of the maps will reveal that you'll be lucky to find any other similar vacant blocks.
So, unless you want to buy and bulldoze, this might just be one of the last opportunities in the area the likes of which may never be seen again.
Disclaimer:
All care has been taken by 4one4 Real Estate and 4one4 Media House when compiling the marketing material and information in this presentation. We cannot guarantee the accuracy of any measurement or details supplied in this advertisement and make no representation or accept any responsibility for the whole or part of this advertisement.
The particulars contained in this advertisement do not form any contract. We recommend that any interested parties should have the information independently verified and make their own enquires to satisfy themselves in all respects.
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Property Details for 1 Oakley St, New Town

Building Type
Land
Land Size
421m2

Commute Calculator

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About New Town 7008

The size of New Town is approximately 4 square kilometres. It has 8 parks covering nearly 9.3% of total area. The population of New Town in 2011 was 5,968 people. By 2016 the population was 6,109 showing a population growth of 2.4% in the area during that time. The predominant age group in New Town is 30-39 years. Households in New Town are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Town work in a professional occupation. In 2011, 58.2% of the homes in New Town were owner-occupied compared with 57.4% in 2016.

New Town has 3,093 properties. Over the last 5 years, Houses in New Town have seen a 30.30% increase in median value, while Units have seen a 9.99% increase. As at 31 January 2025:

  • The median value for Houses in New Town is $838,967 while the median value for Units is $459,651.
  • Houses have a median rent of $588 while Units have a median rent of $455.
There are currently 16 properties listed for sale, and 5 properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in New town.

What's around 1 Oakley St, New Town

1 Oakley St, New Town is in the school catchment zone for New Town Primary School.

Nearby Schools
Comparable Properties
Sacred Heart College
0.13km
New Town 7008
CombinedNon-GovernmentP - 10Combined871 Enrolled
New Town Primary School
0.49km
New Town 7008
IN CATCHMENTPrimaryGovernmentP - 6Combined359 Enrolled
Ogilvie High School
0.85km
New Town 7008
SecondaryGovernment7 - 10Combined696 Enrolled
Lenah Valley Primary School
0.99km
Lenah Valley 7008
PrimaryGovernmentP - 6Combined526 Enrolled
Immaculate Heart of Mary Catholic School
1.09km
Lenah Valley 7008
PrimaryNon-GovernmentP - 6Combined189 Enrolled
New Town High School
1.24km
New Town 7008
SecondaryGovernment7 - 10Combined745 Enrolled
The Friends' School
1.29km
North Hobart 7000
CombinedNon-GovernmentP - 12Combined1237 Enrolled
The Friends' School - Argyle Street Campus
1.41km
North Hobart 7000
CombinedNon-GovernmentCombined Enrolled
Mount Stuart Primary School
1.55km
Mount Stuart 7000
PrimaryGovernmentP - 6Combined359 Enrolled
Hilliard Christian School
1.55km
West Moonah 7009
CombinedNon-GovernmentP - 10Combined99 Enrolled

Suburb Insights for New Town 7008

Market Insights
New Town Trends for Houses
Median Value

$839k

0.61%
View Trend
Median Growth

0.96%

View Trend
Median Rent

$587.5/W

4.91%
View Trend
Rental Yield

3.92%

6.23%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (02/24 - 01/25)
New Town Trends for Units
Median Value

$460k

4.91%
View Trend
Median Growth

-3.49%

View Trend
Median Rent

$455/W

2.25%
View Trend
Rental Yield

4.99%

3.10%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (02/24 - 01/25)
Neighbourhood Insights
Age

Population 6,109

0-9

 

11%

10-19

 

11%

20-29

 

14%

30-39

 

14%

40-49

 

14%

50-59

 

13%

60-69

 

10%

70-79

 

6%

80-89

 

5%

90-99

 

2%

Household Structure
Occupancy
Contact agent
John Mcgregor
Show contact details
4one4 Property Co.
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.
Tasmania data
This product incorporates data that is copyright owned by the Crown in Right of Tasmania. The data has been used in the product with the permission of the Crown in Right of Tasmania. The Crown in Right of Tasmania and its employees and agents:

(a) give no warranty regarding the data's accuracy, completeness, currency or suitability for any particular purpose; and
(b) do not accept liability howsoever arising, including but not limited to negligence for any loss resulting from the use of or reliance upon the data.

Base data from the LIST © State of Tasmania http://www.thelist.tas.gov.au.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions
ABS data
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode
Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.