OFF MARKET

31 Swanston Street
New Town TAS 7008

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Floor area: 262m2
Land area: 1962m2
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Property Details for 31 Swanston St, New Town

31 Swanston St, New Town is a 5 bedroom, 2 bathroom House with 6 parking spaces and was built in 1950. The property has a land size of 1962m2 and floor size of 262m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
House
Year Built
1950
Floor Size
262m2
Land Size
1962m2
Local Government
Hobart
Lot/Plan
1/205822

Last Listing description (March 2021)

Situated centrally in a highly sought-after location of New Town, just minutes to the prestigious Friends School and shopping precinct, minutes away from the North Hobart restaurant strip and Hobart city centre, we offer this very rare opportunity.

The residence was built circa 1942 and has been extended over recent years with a modern feel. Sitting on approximately 1942m2 of level land, which lends itself as a prime development inner city site, the current owners have preliminary plans for 3 architecturally designed townhouses, which also retains the existing residence.

Alternatively, there is scope for a larger development for the site (STCA). The current property offers five bedrooms, two bathrooms, ample living areas which include spacious lounge, dining with french doors opening to porch, reading room, sunroom and well-appointed kitchen with breakfast area. Outside offers double garage plus storage, and an excellent entertaining area over-looking the yard.

For more information on this inner-city opportunity please call.

Inspections by appointment only.

Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

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Property History for 31 Swanston St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$1,425,000
20 Sep 2019
  • 10 Feb 2021
    Listed for Sale Price on Application
  • 20 Sep 2019
    Sold for $1,425,000
  • 06 Mar 2006
    Sold for $510,000

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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 8 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.

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