SOLD
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Sold on 28 May 2024 for $815,000

42 Tower Road
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 120m2
Land area: 642m2
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Property Details for 42 Tower Rd, New Town

42 Tower Rd, New Town is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 642m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in New Town in the last 12 months.

Building Type
House
Floor Size
120m2
Land Size
642m2
Local Government
Hobart
Lot/Plan
3/40851

Last Listing description (May 2024)

Occupying a coveted position within one of Hobart's most desirable suburbs, this circa-1930's home combines enchanting old-world charm and character with contemporary comfort in the heart of New Town. Upon entry to this character property, you are greeted by a wide hallway that expands to all reaches of this home. There is a spacious lounge with gas heating, and a feature Art Deco ceiling rose surrounding the light fitting. The character continues throughout this home with stunning ornate original features that include high ceilings, Tasmanian hardwood skirting boards, some polished floors, and picture rails that enhance the ambience of the home. There are 3 large double bedrooms, main with built-in, serviced by an updated bathroom along with the open kitchen/dining area that has been transformed to add to this classic home. The rear yard is accessed by way of a single driveway to a blank canvas for you to transform into whatever you desire, whether it be a garage (STCA), play areas for the children or creating that garden you've always desired. This sensational property is situated in literally one of the most sought-after locations of New Town, within easy walking distance of all amenities, including schools, public transport, shopping centres and cafes of New Town. Add to that the Hockey centre, Hobarts main rugby grounds and the home is desirably located to offer vibrant city fringe living, just a short drive from Hobart's CBD.

• Desirably located - vibrant city fringe living
• One of Hobart's most desirable suburbs

• Enchanting old-world charm, character and comfort
• Spacious lounge with gas heating
• Feature Art Deco ceiling roses
• Stunning ornate original features
• Modern open kitchen/dining area
• Situated in literally one of the most sought-after locations
• Within easy walking distance of all amenities
• Just a short drive to Hobart's CBD

Property History for 42 Tower Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$815,000
28 May 2024
Listed for Rent
$600/w
13 Oct 2022
  • 28 May 2024
    Sold for $815,000
  • 12 Feb 2024
    Sold for $815,000
  • 18 Jan 2024
    Listed for Sale Offers Over $799,000
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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 3,093 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.

Suburb Insights for New Town 7008

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Contact agent
Andrew Hills
Show contact details
PRDnationwide Hobart
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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.