OFF MARKET

24 Mercer Street
New Town TAS 7008

Bedrooms: 6
Bathrooms: 3
Car spaces: 7
Floor area: 267m2
Land area: 727m2
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Last updated 10 Feb 2025
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Property Details for 24 Mercer St, New Town

24 Mercer St, New Town is a 6 bedroom, 3 bathroom House with 7 parking spaces and was built in 1919. The property has a land size of 727m2 and floor size of 267m2. While the property is not currently for sale or for rent, it was last sold in June 1997.

Building Type
House
Year Built
1919
Floor Size
267m2
Land Size
727m2
Local Government
Hobart
Lot/Plan
7/8126

Last Listing description (February 2023)

On offer here is a large and sunny family home. Presenting as a beautiful Californian bungalow with a sympathetic extension that provides up to six spacious bedrooms, three bathrooms and multiple living areas. The wonderful period features in the original home have been diligently maintained and there is a seamless flow through to the extension. Nestled in a quiet Cul-de-sac with a beautiful north facing and fully landscaped backyard this centrally located property is close to schools, shopping and medical facilities.

Property History for 24 Mercer St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$223,000
30 Jun 1997
Listed for Rent
$850/w
21 Jan 2022
  • 17 Jul 2020
    Listed for Rent $850 / week
  • 09 Jan 2020
    Listed for Sale Offers Over $720,000
  • 30 Jun 1997
    Sold for $223,000

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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 3,095 properties. Over the last 5 years, Houses in New Town have seen a 30.30% increase in median value, while Units have seen a 9.99% increase. As at 31 January 2025:

  • The median value for Houses in New Town is $838,967 while the median value for Units is $459,651.
  • Houses have a median rent of $588 while Units have a median rent of $455.
There are currently 17 properties listed for sale, and 6 properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in New town.

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