OFF MARKET

1/327 Park Street
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 283m2
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Property Details for 1/327 Park St, New Town

1/327 Park St, New Town is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1952. The property has a land size of 283m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
House
Year Built
1952
Floor Size
99m2
Land Size
283m2
Local Government
Hobart
Lot/Plan
1/173502

Last Listing description (June 2019)

This classic 1950's two bedroom home has been tastefully renovated, providing the perfect combination of old and new. Decorated in neutral tones throughout and incorporating Tas Oak polished floorboards, the home certainly provides a sense of warmth upon entry.

The kitchen has been well designed with plenty of cupboard and bench space along with an appealing ceramic splash back, and a good sized pantry. An adjacent dining area captures the morning sun making it a delightful place to sit and relax.


A generous sized light and bright lounge area is located at the front of the property, while the master bedroom provides a large built-in robe. Floor to ceiling tiles in the bathroom adds a contemporary touch and the European laundry has been seamlessly incorporated.

Under the house is well utilised with a workshop area and single garage, as well as a second toilet and basin.

The property is well finished off with a low maintained landscaped garden.

Currently leased at $480 pw until October 2019 this represents a wonderful opportunity to invest in not only a solid home but also in the popular suburb of New Town. It would also be well suited for professional couples or downsizers located only 10 minutes from the CBD, and a short distance to all major services.

Call now to arrange an inspection.

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Property History for 1/327 Park St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$480,000
29 May 2019
Listed for Rent
$460/w
21 Sep 2017
  • 29 May 2019
    Listed for Sale Offers Over $495,000
  • 29 May 2019
    Sold for $480,000
  • 14 Jul 2017
    Listed for Rent - Price not available
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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.

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