OFF MARKET

43 Bay Road
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 521m2
Land area: 931m2
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Property Details for 43 Bay Rd, New Town

43 Bay Rd, New Town is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1953. The property has a land size of 931m2 and floor size of 521m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
1953
Floor Size
521m2
Land Size
931m2
Local Government
Hobart
Lot/Plan
1/42051

Last Listing description (August 2022)

A one bedroom unit on the ground floor and only 5 minutes walk from local shopping complex offers convenience & Practicality.

The spacious living area is bright and light filled & the kitchen is separate with plenty of storage space.


Build in wardrobes in the bedroom provide a tidy storage option.

One off street car park available.

Property History for 43 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$2,228,000
20 Apr 2018
Listed for Rent
$340/w
01 Feb 2022
  • 21 Jan 2022
    Listed for Rent $340 / week
  • 09 Sep 2020
    Listed for Rent $325 / week
  • 18 Feb 2020
    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.