OFF MARKET

2/41 Bay Road
New Town TAS 7008

Bedrooms: 4
Bathrooms: 2
Car spaces: -
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Last updated 4 Nov 2024
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Property Details for 2/41 Bay Rd, New Town

2/41 Bay Rd, New Town is a 4 bedroom, 2 bathroom House.

Building Type
House
Local Government
Hobart

Last Listing description (October 2023)

The property consists of two levels with living, dining, kitchen, bathroom, laundry & two bedrooms on the lower level & with the main bedroom, single bedroom & second bathroom located upstairs.
Three of the four bedrooms have built in robes with brand new carpet throughout, new white goods included & a low maintenance backyard.

Property History for 2/41 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Listed for Rent
$520/w
29 Aug 2023
  • 10 Aug 2023
    Listed for Rent $500 / week

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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 8 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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