OFF MARKET

1 Augusta Road
New Town TAS 7008

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 112m2
Land area: 475m2
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Property Details for 1 Augusta Rd, New Town

1 Augusta Rd, New Town is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1936. The property has a land size of 475m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1936
Floor Size
112m2
Land Size
475m2
Local Government
Hobart
Lot/Plan
2/109613

Last Listing description (June 2020)

Positioned in a highly sought-after area of New Town with charming street appeal, this circa 1936 brick family home in immaculate condition offers relaxed, easy living on the cusp of the CBD. A well-designed floorplan and modern updates make this the perfect city pad, seamlessly combining modern living with gorgeous original features.

Set across one level, the house features multiple living areas with three double bedrooms and two modern renovated bathrooms serviced by a spacious centrally located kitchen. Heating and cooling are supplied by two reverse cycle air conditioners plus there is another wall mounted electric heater for when winter arrives. There is also an enclosed balcony overlooking the backyard plus underneath there is a large workshop/storage area and laundry. All external windows also have electrically operated screens providing incredible security plus extra insulation against the heat or cold.

A single carport is also on site plus off street parking for one more car. Immediately across Augusta Road puts you at a gourmet grocery store plus adjacent liquor store for all your essential supplies.

Suitable for either a family home or an investment property, either you or your tenants can simply move in and enjoy a vibrant inner-city lifestyle close to cafes, shops, excellent schools, the North Hobart dining strip, Hobart CBD and the waterfront.

Property History for 1 Augusta Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$650,000
30 May 2020
Listed for Rent
$520/w
01 Jun 2020
  • 30 May 2020
    Sold for $650,000
  • 27 May 2020
    Listed for Sale Early to mid $600,000s
  • 16 Mar 2020
    Listed for Rent $520 / week
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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.

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.