SOLD
RECENT ADVICE
Sold on 06 Dec 2023 for $570,000

38 Bay Road
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 93m2
Land area: 277m2
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Property Details for 38 Bay Rd, New Town

38 Bay Rd, New Town is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 277m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Unit sold in New Town in the last 12 months.

Building Type
Unit
Floor Size
93m2
Land Size
277m2
Local Government
Hobart
Lot/Plan
2/56877

Last Listing description (December 2023)

Nestled in sought-after New Town, this charming home, built around the 1950s, awaits its next fortunate owner. Its versatile appeal makes it an ideal choice for a wide range of buyers, whether you're stepping into the property market, have a passion for renovation, are seeking an investment opportunity, or are ready to enjoy your retirement.

This property boasts single-level living with the flexibility of either three bedrooms or the option to create two bedrooms, granting you two distinct living areas. Original features are sprinkled throughout, preserving the character of the era. Off-street parking ensures your convenience, while a serene courtyard at the rear of the home adds a touch of tranquility to your living space.

Whether you're inclined to move in right away or aspire to undertake a renovation project tailored to your personal tastes, this home presents an excellent chance to become a part of a highly desirable suburb. You'll find yourself just moments away from an array of essential services, including prestigious private schools, a hospital, a bustling shopping centre, and expansive sporting fields.

For more information, please give me a call. Your dream home in New Town awaits!

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.

Property History for 38 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$570,000
06 Dec 2023
  • 24 Nov 2023
    Sold for $570,000
  • 24 Oct 2023
    Listed for Sale $569,000
  • 28 Nov 1989
    Sold for $66,500
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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 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 15 properties listed for sale, and 7 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.