OFF MARKET

11/5 Marsh Street
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 79m2
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Property Details for 11/5 Marsh St, New Town

11/5 Marsh St, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 79m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in January 2011.

Building Type
Unit
Year Built
1972
Floor Size
62m2
Land Size
79m2
Local Government
Hobart
Lot/Plan
11/60164

Last Listing description (July 2013)

Blue chip investment
Elevated in a well maintained block, and just across the road from Kmart Plaza, lies this renovated, spacious 2 bedroom unit. Leased at $240 per week, the unit boasts new kitchen, carpet and blinds.
With both Woolworths and Kmart just across the road, plus the bus stop only meters away, this really is a blue chip investment.

??? New Kitchen
??? Returning $240 per week
??? Just meters from all New Town has to offer
??? Ultimate low maintenance investment
??? Only 10 minutes to Hobart CBD
Additional feature/s - Year Built 1972.

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Property History for 11/5 Marsh St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$197,000
27 Jan 2011
  • 22 Feb 2013
    Listed for Sale OFFERS OVER $185,000
  • 27 Jan 2011
    Sold for $197,000
  • 23 Aug 2006
    Sold for $147,000
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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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