OFF MARKET

394 Park Street
New Town TAS 7008

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 165m2
Land area: 680m2
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Last updated 4 Nov 2024
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Property Details for 394 Park St, New Town

394 Park St, New Town is a bedroom, bathroom House and was built in 1905. The property has a land size of 680m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1905
Floor Size
165m2
Land Size
680m2
Local Government
Hobart
Lot/Plan
1/223148

Property History for 394 Park St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$865,000
18 Apr 2023
  • 18 Apr 2023
    Sold for $865,000

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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.

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