OFF MARKET

349 Park Street
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 113m2
Land area: 409m2
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Property Details for 349 Park St, New Town

349 Park St, New Town is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 409m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1920
Floor Size
113m2
Land Size
409m2
Local Government
Hobart
Lot/Plan
25/54928

Last Listing description (March 2023)

Situated in a highly sought after street in the blue chip suburb of New Town, providing dual access and positioned on a small low maintenance block, this upgraded home offers a flexible floorplan and a small courtyard for outdoor entertaining. Located within walking distance to all services of New Town Plaza, North Hobart and a five minute drive to the CBD. Pets considered.

- Three or Four bedrooms
- Well designed floorplan provides opportunity for multiple living areas

- Classic features throughout including polished Tas Oak floorboards, tall ceilings
- Two heating options (wood heater and heat pump) plus ceiling fans in living areas
- Well appointed modernised kitchen with dishwasher
- Low maintenance garden and courtyard
- Single garage for storage plus off-street parking at the rear of the property
- Updated window furnishings in all rooms
- Sought after New Town location, Five minute drive to the CBD
- Lease available until end of January 2024 with an option to renew for a further term

Property History for 349 Park St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$735,000
01 Feb 2021
Listed for Rent
$650/w
11 Jan 2023
  • 29 Nov 2022
    Listed for Rent $650 / week
  • 01 Apr 2021
    Listed for Rent $600 / week
  • 01 Feb 2021
    Sold for $735,000
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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 3,093 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 8 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.

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.