OFF MARKET

4/57 Montagu Street
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 78m2
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Property Details for 4/57 Montagu St, New Town

4/57 Montagu St, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1935. The property has a land size of 78m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
1935
Floor Size
71m2
Land Size
78m2
Local Government
Hobart
Lot/Plan
4/151923

Last Listing description (September 2020)

Located in the highly desirable suburb of New Town and under five minutes' drive to Hobart CBD, this versatile villa offers a homely feel and convenient lifestyle all in one. With the option to move right in and enjoy or personalise by renovation, you won't want to miss this opportunity!

- Well maintained & beautifully presented

- Great investment or forever home
- Lovely cosy feel with character interior
- Fantastic location close to Hobart CBD
- Spacious lounge area with large windows to bring the outside in
- Accommodation provided by 2 great bedrooms
- Balcony perfect for entertaining
- Low maintenance yard
- Separate bathroom and toilet
- Ample storage located underneath
- Rental return of approximately $445 per week
- Close to transport, parks, schools & shops
- Close to Calvary Hospital, Hill Street Grocer & North Hobart's restaurants


Year Built: 1935
Heating: Panel Heater
Construction: Brick
Annual Council Rates: $1,300 approximately
Annual Water Rates: $850 approximately

Property History for 4/57 Montagu St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$395,000
13 Aug 2020
Listed for Rent
$280/w
17 Oct 2017
  • 13 Aug 2020
    Sold for $395,000
  • 10 Aug 2020
    Listed for Sale Offers Over $375,000
  • 17 Oct 2017
    Listed for Rent - Price not available
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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.