1/17 Augusta RoadNew Town TAS 7008
Property Details for 1/17 Augusta Rd, New Town
1/17 Augusta Rd, New Town is a 3 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1939. The property has a land size of 175m2 and floor size of 532m2. While the property is not currently for sale or for rent, it was last sold in October 2013.
Last Listing description (September 2013)
INVESTMENT OPPORTUNITY WITH PROVEN INCOME STREAM
A RARE OPPORTUNITY TO ACQUIRE A PROPERTY WITH A PROVEN INCOME STREAM FOR YOUR INVESTMENT PORTFOLIO OR SUPER FUND. THIS IMPRESSIVE ART DECO STYLE PROPERTY OFFERS 4 UNITS (2 PER LEVEL) PLUS 4 LOCK UP GARAGES. EACH INDIVIDUALLY TITLED UNIT COMPRISES 3 BEDROOMS, 1 BATHROOM, SEPARATE TOILET, LIVING ROOM AND SPACIOUS ENTRY HALL. TWO OF THE UNITS ALSO HAVE A DINING ROOM/SUN ROOM. BUILT IN 1939, THIS SUBSTANTIAL DOUBLE BRICK PROPERTY OFFERS FURTHER POTENTIAL (STCA) FOR DEVELOPMENT WITH AN EXTENSIVE BASEMENT AREA AND ADDITIONAL LAND WITH ACCESS FROM HILDERN STREET. INDIVIDUAL UNITS HAVE VARIOUS LEVELS OF UPGRADE OFFERING SCOPE FOR RENOVATIONS. BRILLIANTLY LOCATED A STONES THROW FROM THE AUGUSTA HILL ST GROCER AND WALKING DISTANCE TO THE LIVELY NORTH HOBART DINING AND ENTERTAINMENT PRECINCT. AN INVESTMENT OPPORTUNITY NOT TO BE MISSED. FOR FURTHER DETAIL CONTACT LOU STEVENS 0417 339 105 OR LYNNE GOWANS 0439 394 843
Property History for 1/17 Augusta Rd, New Town, TAS 7008
- 11 Oct 2013Sold for $1,160,000
- 23 Jul 2013Listed for Sale FOR SALE BY AGREEMENT
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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 3,096 properties. Over the last 5 years, Houses in New Town have seen a 31.16% increase in median value, while Units have seen a 21.78% increase. As at 30 September 2024:
- The median value for Houses in New Town is $821,345 while the median value for Units is $481,476.
- Houses have a median rent of $580 while Units have a median rent of $450.
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