OFF MARKET

245 New Town Road
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 450m2
Land area: 1000m2
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Last updated 10 Feb 2025
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Property Details for 245 New Town Rd, New Town

245 New Town Rd, New Town is a 1 bedroom, 1 bathroom House and was built in 1929. The property has a land size of 1000m2 and floor size of 450m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
House
Year Built
1929
Floor Size
450m2
Land Size
1000m2
Local Government
Hobart
Lot/Plan
5/91142

Last Listing description (May 2020)

This location of a lifetime, is where generations will walk or drive past this landmark property for many years to come. This property, with a history, deserves to have creative opportunities considered whether converting existing building to town houses (subject to Council approval), or residential or continued as meeting place for community groups or other discretionary uses by HCC such as business and professional consulting services, education and occasional care, community meeting and entertainment, emergency services, general retail and hire. The building includes main hall, stage, 2 meeting rooms, large kitchen, toilets, storage and stage area. Some original features have been retained. The building is worthy of restoring to 2020 standards whilst retaining the character of yesteryear.PLEASE NOTE - this is not a house and there are no bedrooms although displayed as '1'in listing details.

Property History for 245 New Town Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$650,000
28 Apr 2020
  • 28 Apr 2020
    Sold for $650,000
  • 30 Mar 2020
    Listed for Sale Offers Over $650,000
  • 01 Oct 1998
    Sold for $155,000

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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.

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.