16 Archer StreetNew Town TAS 7008
Property Details for 16 Archer St, New Town
16 Archer St, New Town is a 4 bedroom, 1 bathroom House with 6 parking spaces and was built in 1900. The property has a land size of 835m2 and floor size of 260m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Last Listing description (June 2018)
So if the Golden Rule of Real Estate is 'Location, location', it's hard to look past this substantial property.
Situated in the heart of New Town, and within walking distance of schools, shops, restaurants, the CBD and Salamanca Place, this property has, for many years, housed the New Town Doctors Surgery. Currently zoned C22 (Professional room surgery etc), it has the potential to be returned to its original, residential purpose (STCA).
Whilst the existing configuration offers multiple consultation rooms together with reception, waiting area, staff and treatment rooms, the floor area is considerable (275m2 approx) and, with some creativity, this could be returned to an amazing family home.
We would be pleased to show you through this property by appointment, please contact Michael or Jill to arrange a time.
Please note: The vendor reserves the right to accept an offer or withdraw the property from sale prior to the close of Expressions of Interest date.
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 16 Archer St, New Town, TAS 7008
- 06 Apr 2018Sold for $940,000
- 03 Apr 2018Listed for Sale Expressions of Interest closing 5pm, 27 April 2018
- 20 Oct 1998Sold for $50,000
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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.
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