23 Mercer StreetNew Town TAS 7008
Property Details for 23 Mercer St, New Town
23 Mercer St, New Town is a 3 bedroom, 1 bathroom House with 5 parking spaces and was built in 1924. The property has a land size of 797m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in January 2020.
Last Listing description (February 2020)
Situated in a quiet cul-de-sac is this 1924 Brick Veneer home. Occupying a generous 797m2 allotment, 23 Mercer provides three bedrooms, one bathroom, separate living and dining rooms and single garage and studio in the north east corner of the block.23 Mercer is a charming and inviting home, retaining several original features such as polished Tasmanian oak timber flooring, original cornices, picture railings and fire places. Spanning 158m2 of floor area, 23 Mercer provides an exciting opportunity to acquire a large home in one of Tasmania’s most sort after suburbs. The home is walking distance to the New Town Shopping Precinct and a short commute to the North Hobart restaurant strip and the Hobart CBD. Currently tenanted for $495 per week on until 22/05/2020, 23 Mercer Street is a secure investment with the opportunity to add value over time, whilst maintaining a strong return.For more information contact Cam Rogers. We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 23 Mercer St, New Town, TAS 7008
- 20 Jan 2020Sold for $665,000
- 14 Jan 2020Listed for Sale $650,000+
- 27 Feb 2019Listed for Rent $495 / 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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