OFF MARKET

16 Oldham Avenue
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 135m2
Land area: 581m2
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Property Details for 16 Oldham Ave, New Town

16 Oldham Ave, New Town is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1925. The property has a land size of 581m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
House
Year Built
1925
Floor Size
135m2
Land Size
581m2
Local Government
Hobart
Lot/Plan
80/60981

Last Listing description (September 2024)

This delightful home, situated in the highly sought-after suburb of New Town is filled with warmth and natural light. Upon entering, you'll find a spacious entrance hall that leads to a bright, open plan living, kitchen and dining area.

The property features three generous bedrooms each with fireplaces creating an inviting environment. Two of the bedrooms are equipped with built in wardrobes. A fourth room can be used as a generous study or another bedroom.

Original hardwood flooring has been retained throughout the house. Equipped with appliances, the kitchen, is perfect for any cooking enthusiast. The bathroom has a functional layout and includes laundry facilities. The home is equipped with a reverse cycle heater and air conditioner, providing warmth all year round.

The property boasts a charming wrap around veranda with spectacular views, perfect for relaxing or entertaining. Sitting on a generously sized block, the property features a large front yard and behind the house a sunny paved area leads to a charming cottage garden, ideal for green thumbs. Additional storage is provided by an under-house workshop and attic with ladder access.

Situated minutes away from North Hobart and Hobart CBD, this home grants you easy access to shopping, dining, schools, and public transport, making daily commutes and errands easy.

Council rates: $2,600 pa approx
Water rates: $1,000 pa approx
Rental estimate: $560 -$580 per week approx
Year built: 1925
Construction: Weatherboard

Property History for 16 Oldham Ave, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$480,000
16 Sep 2016
Listed for Rent
$625/w
13 Nov 2023
  • 03 Sep 2024
    Listed for Sale $745,000+ price range
  • 13 Nov 2023
    Listed for Rent $595 / week
  • 07 Aug 2023
    Listed for Sale Not Disclosed
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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.