OFF MARKET

42 Forster Street
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 255m2
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Property Details for 42 Forster St, New Town

42 Forster St, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 255m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1920
Floor Size
106m2
Land Size
255m2
Local Government
Hobart
Lot/Plan
42/125523

Last Listing description (April 2022)

Set behind picket fencing with beautiful street appeal sits a magnificent 1920s cottage situated in a highly sought-after pocket of New Town, close to shops, services, and superb schools.

High ceilings, fireplaces, and lovely lead-lighting throughout the sun-filled home create a warm and inviting atmosphere. A cosy lounge room sits at the front of the home, flowing through to the dining which incorporates the functional kitchen with plenty of cabinet and pantry space.

Two generously proportioned bedrooms make up comfortable accommodation, with bay windows and electric heating nestled within a converted fireplace within the master. The bathroom servicing the home contains a bath, separate shower, vanity, and a toilet.

Manicured hedges and leafy greenery encase the home, with a lovely lawn at the front, and an entertaining courtyard to the rear. There's a single carport with a secure storeroom within.

Well maintained and presented, with period features melding with modern style, this classic cottage is within minutes of the major shopping hub of New Town and the vibrant North Hobart strip, providing a lifestyle filled with comfort and convenience.

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Property History for 42 Forster St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$650,000
28 Feb 2022
Listed for Rent
$485/w
10 Jul 2019
  • 28 Feb 2022
    Sold for $650,000
  • 09 Nov 2021
    Listed for Sale $595,000+ price range
  • 07 Jun 2019
    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 7 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.

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