OFF MARKET

2/46 Tower Road
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 118m2
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Last updated 11 Nov 2024
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Property Details for 2/46 Tower Rd, New Town

2/46 Tower Rd, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1961. The property has a land size of 118m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
1961
Floor Size
118m2
Land Size
118m2
Local Government
Hobart
Lot/Plan
2/152579

Last Listing description (May 2023)

This property is situated in a great location close to all amenities and features:

2 good sized bedrooms
Separate bathroom, toilet and Laundry

Compact kitchen with plenty of storage.
The large wall mounted electric heater in the living area provides plenty of heat in the cooler months.
The complex is quiet and there is parking for one car.

Property History for 2/46 Tower Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$345,000
31 Mar 2021
Listed for Rent
$420/w
03 May 2023
  • 03 Apr 2023
    Listed for Rent $420 / week
  • 11 Oct 2022
    Listed for Rent $440 / week
  • 31 Mar 2021
    Sold for $345,000
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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 3,093 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.

Suburb Insights for New Town 7008

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.