OFF MARKET

16/119 New Town Road
New Town TAS 7008

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 104m2
Land area: 141m2
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Property Details for 16/119 New Town Rd, New Town

16/119 New Town Rd, New Town is a 2 bedroom, 2 bathroom Unit and was built in 2019. The property has a land size of 141m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
2019
Floor Size
104m2
Land Size
141m2
Local Government
Hobart
Lot/Plan
16/177526

Last Listing description (October 2021)

PROPERTY ID: 175779 (quote when calling)

This modern and spacious apartment features 2 bedrooms and 2 bathrooms in the highly sought after suburb of New Town. Only walking distance to local shops, supermarkets and cafes and a short commute to the city of Hobart.

A large open plan dining/kitchen area and floor to ceiling windows which extend out to the deck area ensures plenty of natural light and the neutral tones throughout are perfect to suit any dcor.

Each bedroom features plenty of storage with built in wardrobes and secure parking with a large lockup garage is located on ground level.

Includes white goods.

Property History for 16/119 New Town Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$560,000
24 Jun 2019
Listed for Rent
$580/w
23 Oct 2021
  • 05 Oct 2021
    Listed for Rent $580 / week
  • 23 Aug 2019
    Listed for Rent - Price not available
  • 24 Jun 2019
    Sold for $560,000

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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.

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.