OFF MARKET

2 Bay Road
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 193m2
Land area: 1056m2
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Property Details for 2 Bay Rd, New Town

2 Bay Rd, New Town is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1936. The property has a land size of 1056m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in November 2002.

Building Type
House
Year Built
1936
Floor Size
193m2
Land Size
1056m2
Local Government
Hobart
Lot/Plan
1/162241

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

A timeline of how this property has performed in the market
Last Sold
$281,000
11 Nov 2002
Listed for Rent
$320/w
09 Feb 2011
  • 28 Jan 2011
    Listed for Rent - Price not available
  • 22 Mar 2010
    Listed for Rent - Price not available
  • 11 Nov 2002
    Sold for $281,000

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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.

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.