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Sold on 20 Jul 2024 for $745,000

12/119 New Town Road
New Town TAS 7008

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 115m2
Land area: 172m2
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T.G. Newton Hobart
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Property Details for 12/119 New Town Rd, New Town

12/119 New Town Rd, New Town is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2019. The property has a land size of 172m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in New Town in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
115m2
Land Size
172m2
Local Government
Hobart
Lot/Plan
12/177526

Last Listing description (August 2024)

Welcome to this stunning 3 bedroom, 3 bathroom unit located at 12/119 New Town Road in the highly sought-after suburb of New Town. This property offers a modern and spacious living space with a garage and carport, perfect for those looking for convenience and comfort.

The unit features three generous bedrooms, each with their own bathroom, providing ample space for the whole family or guests. The open plan living and dining area is perfect light and spacious, with a well-appointed kitchen that includes quality appliances and plenty of storage space.

Located conveniently close to shops, schools, and public transport, this property is ideal for those looking for a low-maintenance lifestyle without compromising on space and style.

Don't miss out on the opportunity to own this fantastic property.

Contact us today to arrange a viewing and make this property your new home.

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Property History for 12/119 New Town Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$745,000
20 Jul 2024
  • 20 Jul 2024
    Sold for $745,000
  • 28 Mar 2024
    Listed for Sale Price on Application
  • 06 Nov 2019
    Sold for $630,000

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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 3,098 properties. Over the last 5 years, Houses in New Town have seen a 26.14% increase in median value, while Units have seen a 32.49% increase. As at 31 August 2024:

  • The median value for Houses in New Town is $802,420 while the median value for Units is $517,885.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 10 properties listed for sale, and 5 properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in New town.

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