OFF MARKET

4/16B Stoke Street
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 80m2
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Property Details for 4/16b Stoke St, New Town

4/16b Stoke St, New Town is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 80m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1970
Floor Size
53m2
Land Size
80m2
Local Government
Hobart
Lot/Plan
4/59214

Last Listing description (October 2023)

Occupying a coveted location in one of New Towns' most iconic streets this one-bedroom unit is ideal for the first home buyer, downsizer, investor, or a convenient city pad. There are ten units in total in this low-maintenance apartment block with concrete floors and brick walls allowing for much-appreciated peace and quiet. There is a dedicated parking space and storage unit on site.

The unit has an open plan living zone with a functional kitchen all bathed in loads of natural light and a beautiful leafy outlook with mountain glimpses all enjoyed from the full wall of double-glazed windows. There is a reverse cycle heat pump to keep the home ambient all year round. Sliding doors open to the private balcony, a great spot to enjoy in warmer months. The double bedroom is complete with built-in robes and the full bathroom also features space for the laundry.

With just under a 3km commute to the Hobart CBD and a short stroll to all the delights of North Hobart the location is very appealing. Hill Street Grocer is also nearby, as are supermarkets, excellent schools, and public transport.

Council rates $1,600pa approx
Water rates $1,100pa excluding usage
Body Corporate fees $2,278pa approx
Rental estimate $390pw - $410pw

*The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 4/16b Stoke St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$405,000
28 Aug 2023
Listed for Rent
$330/w
05 Aug 2021
  • 28 Aug 2023
    Sold for $405,000
  • 28 Jun 2023
    Listed for Sale $400,000+ range
  • 15 Jul 2021
    Listed for Rent $330 / 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 3,096 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.

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.