OFF MARKET

3 Cressy Street
New Town TAS 7008

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 148m2
Land area: 639m2
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Property Details for 3 Cressy St, New Town

3 Cressy St, New Town is a 2 bedroom, 2 bathroom House and was built in 1925. The property has a land size of 639m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
House
Year Built
1925
Floor Size
148m2
Land Size
639m2
Local Government
Hobart
Lot/Plan
1/249305

Last Listing description (June 2015)

HISTORY - In 1934 the Circa 1885 Anglican Church was transported and relocated from Lenah Valley to Cressy Street, New Town. It was named after the location which was then Kangaroo Valley. The Kangaroo Mission Church was built just below the opposite Lady Franklin Museum near a rippling trout filled stream, a popular picnic spot. It was named St Bede's when located at New Town.
Services were offered at St Bede's from then until 2008. Thankfully, it is still here and well maintained, providing a beautiful living and working space, as well as, a charming, historic feature to the neighbourhood.
There are no heritage orders on the buildings, whilst this is strange, it is good to be able to improve the space without destroying the character that lends itself to a good lifestyle and inspiration on a number of levels.

PROBABLE USES - The property contains two separate buildings; a church and a hall. Therefore, two separate living spaces could remain. The church could be used as the studio and living in the hall. Both buildings could be work spaces or teaching spaces as the vendor made this a condition for the change of purpose certificate when the property was purchased and the vendor proposed to hold small art classes. However, the hall make a fine painting studio.
The church has a well appointed stage and could be used for teaching music and or drama, holding little concerts.
Otherwise, one could enquire about having two separate homes. The hall would need a small kitchenette. One could extend the hall, if permissible to add a room at the rear. Both bathrooms are very elegant. It could be shared accommodation, or just a workspace, perhaps heritage accommodation which is very popular in Tasmania with the wonderful Mona and other sites to visit.
The hall at the rear of the church is presently used as an artist's studio. It has large, north facing window that conveniently flood the studio with light and warmth in the cooler months.
Both the hall and the church have a delightful and enchanting ambience and make lovely, flexible living and working spaces. Cressy Street is within walking distance to North Hobart which has a variety of restaurants, cafes and pubs, as well as the much loved State Cinema.

Property History for 3 Cressy St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$535,000
17 Mar 2015
  • 17 Mar 2015
    Sold for $535,000
  • 14 Nov 2014
    Listed for Sale $550,000
  • 21 Feb 2014
    Listed for Sale $550,000
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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.