OFF MARKET

3/42 Forster Street
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 177m2
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Property Details for 3/42 Forster St, New Town

3/42 Forster St, New Town is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1996. The property has a land size of 177m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
Unit
Year Built
1996
Floor Size
110m2
Land Size
177m2
Local Government
Hobart
Lot/Plan
3/125523

Last Listing description (September 2015)

In excellent order, this 3 bedroom unit built in 1996 is in a prime location with easy level walking access to Woolworth and Coles supermarkets, New Town and Moonah shopping precincts as well as public transport and a selection of both Public and Private schools.
Built over 2 levels and decorated with soft neutral tones throughout, the ground floor has a large open plan living area with an abundance of natural light and a modern kitchen with breakfast bar off. There is a separate laundry and separate powder room also on the ground floor and sliding doors lead out to a gorgeous private courtyards with a metal garden shed for extra storage.
Stairs lead up to 3 good size bedrooms, 2 with mirror built in wardrobes, and the bathroom with separate shower, bath tub, vanity and toilet. There is also a large walk-in hall cupboard and an elevated deck spanning the entire width at the rear of the property.

Undercover parking is provided right by the front door plus there is a second allotted visitor parking space for the unit within the complex grounds.
Well-appointed and finished by a respected builder, with its generous proportions, sunny interior and superior location this property is sure to impress.
Currently let to house proud tenants until April 2016.
A superb overall offering in a great city fringe location.

Property History for 3/42 Forster St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$325,000
29 Jun 2015
Listed for Rent
$300/w
16 Jul 2013
  • 29 Jun 2015
    Sold for $325,000
  • 04 Jun 2014
    Listed for Sale PRICE $325,000
  • 16 Jul 2013
    Listed for Rent $300 / 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.
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.