2/49 New Town RoadNew Town TAS 7008
Property Details for 2/49 New Town Rd, New Town
2/49 New Town Rd, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 164m2 and floor size of 93m2.
Last Listing description (May 2021)
Located on the cusp of North Hobart within walking distance of popular bars, cafes and restaurants, this low maintenance unit is an ideal option for those seeking an affordable entry point into the property market or solid investment.
Low maintenance, ground floor apartment
10-minute walk to North Hobart caf strip
Practical kitchen with ample bench space
2 bedrooms, main with built-in wardrobe
Combined bathroom/laundry with shower
Easy, convenient locale 3km from the CBD
Near Hill Street Grocer & public transport
Ideal investment or lock up & leave option
Single, allocated off street parking space
Built: 1950
Construction: Brick
Heating: Heat Pump
Strata Fees: $4,150 (incl council rates, water rates & building insurance)
Strata Managers: Strata Complete
Rental Rate: Approx. $360 - $400 per week
Property History for 2/49 New Town Rd, New Town, TAS 7008
- 17 May 2021Listed for Sale Offers Over $370,000
- 08 May 2013Listed for Rent $250 / 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.
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