OFF MARKET

117A Swanston Street
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 236m2
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Last updated 4 Nov 2024
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Property Details for 117a Swanston St, New Town

117a Swanston St, New Town is a 3 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 236m2 and floor size of 100m2.

Building Type
Unit
Year Built
1980
Floor Size
100m2
Land Size
236m2
Local Government
Hobart

Last Listing description (October 2020)

This quality weatherboard home in a prime location within walking distance to New Town Plaza and just minutes outside the Hobart CBD is a terrific investment opportunity. Currently leased for $530 per week until March 2021 it is an easy addition to a rental portfolio.

The home comprises a comfortable open plan living area with updated kitchen and appliances and a Daikin heat pump. There are three large bedrooms, the main with a WIR, and main bathroom with walk-in shower. A utility room at the rear leads to a second WC and separate laundry and there is also rear deck, courtyard and single OSP. Very neatly presented throughout, the home is an incredibly low maintenance investment providing a very strong return.

Blue chip rental just outside the city

Leased for $530pw to March 2021
Open plan living with quality kitchen
Large bedrooms with WIR and built-in
Daikin heat pump plus panel in main bed
Updated bathroom with large shower
Utility room with 2nd WC and laundry
Private sundeck and courtyard areas
Single off-street parking at front door
Very short walk from New Town Plaza

Property History for 117a Swanston St, New Town, TAS 7008

A timeline of how this property has performed in the market
Listed for Rent
$445/w
19 Jan 2018
  • 17 Jul 2020
    Listed for Sale Offers Over $450,000
  • 19 Jan 2018
    Listed for Rent $445 / week
  • 17 Jan 2015
    Listed for Rent $320 / 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.