OFF MARKET

1/3 Tower Road
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 66m2
Land area: 75m2
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Property Details for 1/3 Tower Rd, New Town

1/3 Tower Rd, New Town is a 2 bedroom, 1 bathroom Unit and was built in 1972. The property has a land size of 75m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
1972
Floor Size
66m2
Land Size
75m2
Local Government
Hobart
Lot/Plan
1/59434

Last Listing description (February 2024)

Positioned on the ground level and at the front of the building, this fully renovated two-bedroom apartment is not one to miss.

No detail has been missed when updating this property, to ensure comfort and ease for anyone who lives in the home. Double glazed windows are a huge drawcard, keeping the home well insulated and warm through the tassie winter months.
The kitchen is modern and fresh, with an eat-in style, that opens up onto a light and bright living space. There are two great-sized bedrooms, which are serviced by the removed bathroom and laundry. The whole property has new flooring, paint and window furnishings.

Arguably the best part about this unit is no doubt its location. Directly off the Main Road, it is situated close to public transport, local schools, sporting complexes, the New Town Plaza shopping centre, cafes, services, and the list keeps on going. It is also a very short 10-minute drive to the CBD or 20 minutes by bus or bike. One parking space is included with this property.

* Please note, the 'Tenant Check' offered through the Ignite application platform is a paid product offered by Realestate.com.au and is in no way affiliated with Fall Real Estate. It is not a compulsory requirement when applying for one of our properties and it will not ensure your application will be successful or prioritised. *

Property History for 1/3 Tower Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$281,500
08 May 2019
Listed for Rent
$430/w
08 Feb 2024
  • 23 Jan 2024
    Listed for Rent $430 / week
  • 04 May 2022
    Listed for Rent $430 / week
  • 08 May 2019
    Sold for $281,500
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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.
There are currently 15 properties listed for sale, and 9 properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in New town.

Suburb Insights for New Town 7008

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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.