OFF MARKET

1/57 Montagu Street
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 77m2
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Property Details for 1/57 Montagu St, New Town

1/57 Montagu St, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1935. The property has a land size of 77m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1935
Floor Size
68m2
Land Size
77m2
Local Government
Hobart
Lot/Plan
1/151923

Last Listing description (February 2023)

This beautifully renovated, well located, sun-filled two-bedroom flat is one of four in the complex, situated on the City fringe in a quiet leafy street.

While still retaining its original mid 1930s charm, the stylish transformation exudes quality and sophistication with gorgeous timber floorboards, a functional open floor plan, and contemporary finishes and appliances throughout. Re-wired and re-plumbed you can move straight in with nothing else to do.

The large rear deck is perfect for entertaining with family and friends or relaxing quietly in the sun while overlooking the birdlife play in the surrounding trees.

The property is close to shops, schools and services in New Town, has a bus stop nearby and is surrounded by other well maintained historic properties.

There's off street parking for one car and a separate dedicated storage room.

This executive villa offers a homely feel and convenient lifestyle all in one and is about eight minutes' drive to Hobart CBD. Be quick to register your interest.

Council Rates: $1,280.00 per annum (approx.)
Water Rates: $890.00 per annum (approx.)
Strata Fees: $460 per annum (approx.)
Currently tenanted till December 2022 at $400 per week.

Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt it's accuracy, guarantee cannot be assured. The content is intended as advice, and such as cannot be taken as absolute fact. Accordingly, all interested parties should make their own enquiries to verify this information.

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Property History for 1/57 Montagu St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$490,000
19 Dec 2022
Listed for Rent
$390/w
27 Nov 2020
  • 19 Dec 2022
    Sold for $490,000
  • 15 Nov 2022
    Listed for Sale Offers over $495,000
  • 13 Nov 2020
    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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