OFF MARKET

2/28 Bay Road
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 1m2
Land area: 337m2
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Last updated 4 Nov 2024
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Property Details for 2/28 Bay Rd, New Town

2/28 Bay Rd, New Town is a 3 bedroom, 1 bathroom Unit and was built in 1972. The property has a land size of 337m2 and floor size of 1m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1972
Floor Size
1m2
Land Size
337m2
Local Government
Hobart

Last Listing description (April 2022)

Located in a quiet and private corner of New Town, this well maintained three-bedroom apartment offers a comfortable home with wonderful views. The open plan living, dining and kitchen have large north, east and west facing windows that capture the sun and provide great views towards Cornelian Bay.

The property offers three large bedrooms and a main bathroom with seperate bath and shower. The main bedroom has a very large built in wardrobe as does the hallway. This property boasts a huge amount of storage options.


Just a few of the positives include: Double glazing throughout, Block-out Blinds, Wood fire heater as well as Reverse cycle air conditioning and Undercover parking.

12 month lease
Unfurnished
Pets considered

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Property History for 2/28 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$585,250
03 Sep 2021
Listed for Rent
$550/w
12 Apr 2022
  • 31 Mar 2022
    Listed for Rent $550 / week
  • 03 Sep 2021
    Sold for $585,250
  • 10 Aug 2021
    Listed for Sale Offers Over $560,000
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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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