SOLD
Sold on 30 Jan 2024 for $920,000

1/62 Forster Street
New Town TAS 7008

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 170m2
Land area: 339m2
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Property Details for 1/62 Forster St, New Town

1/62 Forster St, New Town is a 4 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 339m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom Unit sold in New Town in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
170m2
Land Size
339m2
Local Government
Hobart
Lot/Plan
1/168130

Last Listing description (March 2024)

Superbly located on an internal allotment in the ever-popular suburb of New Town, this private, quiet, and incredibly spacious, four-bedroom townhouse is just moments to New Town Plaza and a short drive to the Hobart CBD. Being one of two larger townhouses on the allotment, there is plenty of room for the whole family or alternatively, the ideal investment opportunity.

Constructed in 2014 and boasting a versatile floorplan, the property makes for excellent accommodation with high quality modern appliances, beautifully established gardens, multiple off-street parking spaces and views over tree-lined grounds.

The entry level offers a bedroom/large study with built-in robes, a bathroom including shower, toilet and vanity, and a separate laundry. The kitchen contains high quality appliances, ample storage and adjoins the spacious, open plan living and dining area. The light-filled living area leads through double glazed sliding doors to the outdoor entertaining space, complete with fully established gardens and hedge, providing charm and privacy.

Upstairs the large master bedroom presents a walk-in wardrobe, ensuite and private balcony capturing afternoon sun. There are two additional bedrooms, both with built-in robes, along with a cleverly designed space for a study nook. The generous main bathroom is centrally located, featuring a bath, shower, toilet, and vanity.

The property provides double-glazed windows throughout, security screens, and ceiling fans in the living area and upstairs bedrooms. There are two allocated off-street parking spaces, with additional space available, plus a secure storage shed. With its ideal location, just a short drive to the Hobart CBD and nearby to public transport, coveted schools, shopping plaza and popular cafes and restaurants, this property offers a fantastic opportunity for all buyers.

Council rates: $2,700 pa approx
Water rates: $1,072 pa approx
Body corp: $718 pa approx
Rental estimate: $800 - $820 pw
Year built: 2014

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Property History for 1/62 Forster St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$920,000
30 Jan 2024
  • 30 Jan 2024
    Sold for $920,000
  • 09 Jan 2024
    Listed for Sale $880,000+ price range
  • 05 Jan 2018
    Sold for $685,000
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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 3,093 properties. Over the last 5 years, Houses in New Town have seen a 27.39% increase in median value, while Units have seen a 25.10% increase. As at 31 October 2024:

  • The median value for Houses in New Town is $809,021 while the median value for Units is $508,030.
  • Houses have a median rent of $590 while Units have a median rent of $445.
There are currently 16 properties listed for sale, and 6 properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in New town.

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