OFF MARKET

3/104 New Town Road
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 148m2
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Property Details for 3/104 New Town Rd, New Town

3/104 New Town Rd, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 148m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in June 2014.

Building Type
Unit
Year Built
1972
Floor Size
65m2
Land Size
148m2
Local Government
Hobart
Lot/Plan
3/59468

Last Listing description (September 2019)

If it's a low maintenance and rewarding investment property or an affordable inner-city property you are looking for, look no further.
Conveniently positioned on the main thoroughfare in the highly sought-after inner city suburb of New Town, this unit is sure to entice an array of buyers.
The unit offers entry level access and comprises of two generous bedrooms (both with built ins), good size bathroom/laundry and open plan living/dining area that connects well to the kitchen. The open plan living area is wonderfully warm and bright with stunning views of the mountain.

The properties position is first class being within walking distance to transport, restaurants, shops & cafes. It is also within easy walking distance to the renowned North Hobart restaurant precinct.
This property will make a rewarding and low maintenance investment property, a fantastic start for a young professional/couple or even a superb lifestyle for someone looking to downsize.
The unit can be accessed from New Town Road and also Pedder Street at the rear. One car space is available off the New Town Road entrance.
Fantastic investment opportunity
Less than 10 mins to Hobart
Great inner-city location
Low Maintenance Property
Stunning Mountain Views
Annual Council Rates: $900 approx.
Annual Water Rates: $1,000 approx.
Annual Body Corp: $400 approx.

Property History for 3/104 New Town Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$195,000
26 Jun 2014
  • 09 Sep 2019
    Listed for Sale Not Disclosed
  • 26 Jun 2014
    Sold for $195,000
  • 29 Jan 2014
    Listed for Sale OFFERS OVER $195,000
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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.