OFF MARKET

41 Bay Road
New Town TAS 7008

Bedrooms: 8
Bathrooms: 4
Car spaces: 6
Floor area: 221m2
Land area: 1262m2
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Property Details for 41 Bay Rd, New Town

41 Bay Rd, New Town is a 8 bedroom, 4 bathroom Unit with 6 parking spaces and was built in 1972. The property has a land size of 1262m2 and floor size of 221m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
Unit
Year Built
1972
Floor Size
221m2
Land Size
1262m2
Local Government
Hobart
Lot/Plan
1/158997

Last Listing description (July 2019)

This two bedroom villa unit is a must inspect. Located at the end of a quiet block of three is this well presented property that has been built in a modern style with quality finishes.
As you walk through you will find a light and spacious open planned living, dining and kitchen area. The kitchen has plenty of cupboard space for storage as well as ample space for a fridge/freeze. Main bedroom is located at one end of the house and the second bedroom at the other, with both having built-in storage.
The bathroom area has a shower over the bath, and there is a separate laundry for convenience.

There is a small fully fenced back yard, which is easy care and well landscaped. Unfortunately pets are not suitable for this property.

Property History for 41 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$1,355,000
30 Mar 2019
Listed for Rent
$385/w
10 Jan 2013
  • 25 Jun 2019
    Listed for Rent $350 / week
  • 30 Mar 2019
    Sold for $1,355,000
  • 13 Mar 2019
    Listed for Sale Buyers looking in 1.3M + range
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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.