OFF MARKET

151 New Town Road
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 77m2
Land area: 246m2
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Property Details for 151 New Town Rd, New Town

151 New Town Rd, New Town is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 246m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Year Built
1900
Floor Size
77m2
Land Size
246m2
Local Government
Hobart
Lot/Plan
1/25543

Last Listing description (December 2019)

This beautiful brick cottage has been part of the Main Road of New Town for nearly 200 years. With its Residential /Commercial zoning this is an amazing opportunity both from a business point of view or a residential one. Currently set up as a formal lounge, cosy kitchen dining, separate shower and separate toilet and a double bedroom with beautiful dado walling.

For many Decades it was known as the Tasmanian Watch and Clock Company but has been used as a residence for the last 4 years.

Originally part of Captain Swanstons land grant it was built 1835 and is located only 3 doors away from Labrina one of Hobart's finest and award-winning Restaurants.

This classic cottage has some grand features, with its beautiful Georgian front, colonial windows, original cedar mantel piece and broad polished Tas Oak floorboards.
Opportunity awaits you in the amazing level private backyard where further development could take place S.T.C.A. The current owner has devised an ingenious plan to build another house S.T.C.A

With its beautiful Mountain Views, a perfect level handy position which is so convenient and the center of everything this is opportunity knocking! Easy walking to restaurants, cafes, doctors, chemists, 2 supermarkets, Kmart, numerous schools and on the bus route it is the perfect place to call home or start your business enterprise.

For Sale NOW or at AUCTION on site 1pm on Saturday the 14th of December 2019

Property History for 151 New Town Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$445,000
14 Dec 2019
  • 14 Dec 2019
    Sold for $445,000
  • 26 Nov 2019
    Listed for Sale AUCTION OR SALE NOW
  • 04 Mar 2015
    Sold for $302,000
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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 8 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.

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.