SOLD
Sold on 19 Jun 2024 for $585,000

259 New Town Road
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 126m2
Land area: 789m2
Sold By
Fall Real Estate
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Property Details for 259 New Town Rd, New Town

259 New Town Rd, New Town is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 789m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in New Town in the last 12 months.

Building Type
House
Year Built
1910
Floor Size
126m2
Land Size
789m2
Local Government
Hobart
Lot/Plan
1/112238

Last Listing description (August 2024)

Don't miss out on this rare opportunity!

Bursting with character and charm, featuring high ceilings and unique yesteryear light fixtures, this property offers endless possibilities (STCA).

Situated in the heart of New Town & Moonah business district, it's perfect for both residential and business ventures STCA.

With zoning allowing for inner residential use under the Hobart Planning Scheme 2015, plus the potential for discretionary council approval for business endeavours, the sky's the limit!

You are only a very short walk to the thriving Moonah shopping & restaurants precinct or New Town shopping complex and only short 8 minute drive to the Hobart CBD. And with ample parking around the back, convenience is key.

Act now and make this piece of Tasmanian history your own!

Features
- Built in 1910 character home
- Many possibilities STCA*
- Zoned - inner residential under the Hobart Planning Scheme 2015
- Huge potential Residential/business STCA Discretionary council approval
- Loads of parking around back
- 3 Large bedrooms
- Position opposite to the Creek Road Netball Centre

Don't miss this opportunity! Contact Jason today for your view!

**The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 259 New Town Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$585,000
19 Jun 2024
  • 19 Jun 2024
    Sold for $585,000
  • 27 Mar 2024
    Listed for Sale $599,000 to $640,000
  • 09 Apr 1991
    Sold for $74,500

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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 3,097 properties. Over the last 5 years, Houses in New Town have seen a 30.35% increase in median value, while Units have seen a 18.79% increase. As at 30 November 2024:

  • The median value for Houses in New Town is $811,334 while the median value for Units is $493,693.
  • Houses have a median rent of $590 while Units have a median rent of $443.
There are currently 16 properties listed for sale, and 2 properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 93 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.