OFF MARKET

1/5 Tower Road
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 128m2
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Property Details for 1/5 Tower Rd, New Town

1/5 Tower Rd, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1949. The property has a land size of 128m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Year Built
1949
Floor Size
107m2
Land Size
128m2
Local Government
Hobart
Lot/Plan
1/58916

Last Listing description (November 2023)

Situated on one of New Towns most prestigious streets, this immaculately presented home with an appealing blend of both modern and traditional charm.

As you walk through the main entrance of this stunning home, you are taken into a wonderful living room. The home is substantially heated via a heat pump.. The kitchen is huge with endless cupboards, space for a dining table and room to move around. Towards the rear of the home is the spacious second bedroom with a built in robe, family bathroom and separate toilet.

Beyond the house itself, the property also offers well established gardens, it is only a six minute drive to the city and is also close to a multitude of cafes, restaurants, hotels, and major supermarkets.

Fast track the process and apply online via the APPLY feature on *** for pre-approval.

We accept applications before viewing.

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Property History for 1/5 Tower Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$370,000
30 Aug 2019
Listed for Rent
$480/w
24 Nov 2023
  • 17 Nov 2023
    Listed for Rent $480 / week
  • 12 Nov 2021
    Listed for Rent $435 / week
  • 30 Aug 2019
    Sold for $370,000

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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 3,096 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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