OFF MARKET

1/388 Park Street
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 85m2
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Property Details for 1/388 Park St, New Town

1/388 Park St, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 85m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 1999.

Building Type
Unit
Year Built
1971
Floor Size
72m2
Land Size
85m2
Local Government
Hobart
Lot/Plan
1/59454

Last Listing description (March 2022)

This charming two bedroom unit situated in the convenient Park Street.

The two bedrooms are of generous size, a shower over the bath, nice clean living area and a separate laundry. Electric heating in the lounge room and a kitchen with ample storage! The unit has been freshly painted, giving it a fresh inviting lift.


Nice sunny location, close to public transport, a short 5 minute drive to Hobart CBD and within walking distance to all New Town has to offer.

Contact the property management team for your private inspection today!

Property History for 1/388 Park St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$123,000
15 Jun 1999
Listed for Rent
$420/w
04 Mar 2022
  • 23 Feb 2022
    Listed for Rent $420 / week
  • 20 Oct 2015
    Listed for Rent - Price not available
  • 17 Sep 2014
    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 8 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.