OFF MARKET

318 Park Street
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 149m2
Land area: 606m2
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Last updated 11 Nov 2024
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Property Details for 318 Park St, New Town

318 Park St, New Town is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1942. The property has a land size of 606m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1942
Floor Size
149m2
Land Size
606m2
Local Government
Hobart
Lot/Plan
9/13702

Last Listing description (September 2022)

There are three bedrooms, two of which have built-ins. The Master bedroom is located at the front of the house and is buffered from road noise because of the sunroom that is located between the bedroom and the front of the house. There is a large kitchen that has plenty of cupboard space, dishwasher and wall oven, and a separate dining room with a beautiful curved front wall and then through double doors to a lovely lounge with gas heating in the fireplace. This room also opens onto a gorgeous sunroom/study room.

There is a utility room just outside the back door and an outside laundry room just outside the back kitchen door, but still under cover. There is a modernised bathroom with shower and vanity and the toilet is separate. Under the house is a single garage and then through a door we have two more rooms, which could be used as a workshop and storage.

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Property History for 318 Park St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$890,000
26 Jul 2021
Listed for Rent
$550/w
05 Sep 2022
  • 05 Sep 2022
    Listed for Rent $550 / week
  • 20 May 2022
    Listed for Rent $550 / week
  • 24 Sep 2021
    Listed for Rent $550 / 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 3,093 properties. Over the last 5 years, Houses in New Town have seen a 27.39% increase in median value, while Units have seen a 25.10% increase. As at 31 October 2024:

  • The median value for Houses in New Town is $809,021 while the median value for Units is $508,030.
  • Houses have a median rent of $590 while Units have a median rent of $445.
There are currently 16 properties listed for sale, and 7 properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in New town.

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