SOLD
RECENT ADVICE
Sold on 13 May 2024 for $499,000

1/106 New Town Road
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 119m2
Land area: 134m2
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Property Details for 1/106 New Town Rd, New Town

1/106 New Town Rd, New Town is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 134m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in New Town in the last 12 months.

Building Type
House
Floor Size
119m2
Land Size
134m2
Local Government
Hobart
Lot/Plan
1/162162

Last Listing description (May 2024)

Perfect opportunity for first-time buyers or investors looking for a property with great potential.

With 2 bedrooms, 1 bathroom, and 1 toilet, this property offers comfortable living spaces , work from home or office space in a prominent and highly visible location.
Built in 1940, this property exudes character and history. The land area spans 134sqm, while the building area measures 119sqm. The price guide for this property is Offers Over $499,000, making it an affordable option in a desirable location.

The property also boasts a range of features that add to its appeal. Zoned as Urban Mixed Use.

Located close to the heart of the city, this property offers easy access to various amenities. You'll find cafes, cafeterias, restaurants, and shops just a short distance away. The neighbourhood is vibrant and bustling, with a picturesque cityscape.

The interior design of this property is tastefully done, with a nice kitchen and deck with fabulous views. The high-rise building and urban setting create a modern and cosmopolitan ambiance.

Don't miss out on this fantastic opportunity to own a piece of property in New Town. Currently tenanted until June 2024. Contact us today to arrange a viewing and make this house your new home!

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Property History for 1/106 New Town Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$499,000
13 May 2024
Listed for Rent
$300/w
12 Apr 2016
  • 03 May 2024
    Sold for $499,000
  • 21 Jun 2023
    Listed for Sale Offers Over $559,000
  • 17 May 2022
    Sold for $545,000
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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 27.39% increase in median value, while Units have seen a 25.10% increase. As at 31 October 2024:

  • The median value for Houses in New Town is $809,021 while the median value for Units is $508,030.
  • Houses have a median rent of $590 while Units have a median rent of $445.
There are currently 16 properties listed for sale, and 7 properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in New town.

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Kathy Roberts
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