SOLD
Sold on 05 Jun 2024 for $610,000

2/106 New Town Road
New Town TAS 7008

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 165m2
Land area: 178m2
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Property Details for 2/106 New Town Rd, New Town

Building Type
Commercial
Year Built
1940
Floor Size
165m2
Land Size
178m2
Local Government
Hobart
Lot/Plan
2/162162

Property History for 2/106 New Town Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$610,000
05 Jun 2024
  • 05 Jun 2024
    Sold for $610,000
  • 25 Feb 2017
    Sold for $487,500

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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.
There are currently 16 properties listed for sale, and 6 properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in New town.

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