OFF MARKET

18 Boa Vista Road
New Town TAS 7008

Bedrooms: 2
Bathrooms: 3
Car spaces: -
Floor area: 253m2
Land area: 1004m2
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Last updated 4 Nov 2024
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Property Details for 18 Boa Vista Rd, New Town

18 Boa Vista Rd, New Town is a 2 bedroom, 3 bathroom Unit and was built in 1880. The property has a land size of 1004m2 and floor size of 253m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
Unit
Year Built
1880
Floor Size
253m2
Land Size
1004m2
Local Government
Hobart
Lot/Plan
1/105311

Last Listing description (October 2014)

A rare development opportunity indeed!
Situated in the heart of the very sought after New Town, this Boa Vista Road development is a developer's dream. With Hobart City Council building permits approved for 4 dwellings the world is your oyster with this rare site. The unique floor plans give a contemporary and spacious feel which fits perfectly within this very prestigious location. These luxury townhouses will set the standard for urban living being a mere 2.4 kilometre walk to Hobart's CBD and all that it has to offer.
With land size of approximately 1004 square metres, this unique block sits at the highest point on the highly esteemed Boa Vista Road. It is definitely a great opportunity for any developer who is looking to set the mark for luxury townhouse living with provisions for the highest quality finishes, to attract an array of Hobart's elite professionals.

Time is of the essence with vacant land in the area being at a minimum and even rarer still approved permits for multiple dwellings. Please contact our office for additional information.

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Property History for 18 Boa Vista Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$530,000
06 Nov 2014
  • 04 Feb 2016
    Listed for Sale 595000 +
  • 18 Jun 2015
    Listed for Sale 595000 +
  • 06 Nov 2014
    Sold for $530,000
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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.

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