16B Stoke StreetNew Town TAS 7008
Property Details for 16b Stoke St, New Town
16b Stoke St, New Town is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a floor size of 57m2.
Last Listing description (March 2018)
Situated in New Town just minutes walking distance away from the shops and cafes are these solid investment units consisting of 1 bedroom, 1 bathroom, compact kitchen and living room. Facing the magnificent grounds of the Gothic mansion at 12 Stoke Street and with glimpses of Mt Wellington, these units offer the perfect trifecta: private, peaceful and yet so close to New Town Village and the CBD.
A neat complex of 10 units and solid brick constriction, one or both of these units presents a low risk, low maintenance investment that will just keep growing in value and adding to your property portfolio.
Investment opportunities this affordable in New Town are rare and quickly snapped up by savvy investors, move quick to seize this opportunity.
Property Code: 1819
Property History for 16b Stoke St, New Town, TAS 7008
- 03 Jan 2018Listed for Sale Offers Over $250,000 per unit
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0About 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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