OFF MARKET

44 Forster Street
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 306m2
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Property Details for 44 Forster St, New Town

44 Forster St, New Town is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 306m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
1920
Floor Size
123m2
Land Size
306m2
Local Government
Hobart
Lot/Plan
44/125523

Last Listing description (April 2021)

Positioned in a highly sought-after area of New Town with charming street appeal.

This circa 1920 family home in excellent condition offers relaxed, easy living in an ultra convenient location. A well-designed floorplan and with high ceilings and spacious rooms make this the perfect city pad. This gorgeous property would certainly benefit from some cosmetic upgrades at the hands of its next fortunate owner but what an extremely pleasant task and a labour of love.

Set across one level, the house features two living areas with three double bedrooms and one large bathroom serviced by a separate laundry and very functional kitchen. Heating and cooling is supplied by a reverse cycle air conditioner plus a wood heater for when winter arrives. There is also a classic federation style front balcony overlooking the front yard making a perfect spot for outdoor entertaining or a family BBQ. The rear of the property features a semi enclosed carport, lock up storage area plus courtyard.

A short walk down Forster St puts you at all shopping facilities including Supermarkets, Kmart, Bakery, Liquor store, Cafes etc. Glorious views of Mt Wellington are also at your disposal.

Suitable for either a family home or an investment property, either you or your tenants can simply move in and enjoy a vibrant inner-city lifestyle close to cafes, shops, excellent schools, the North Hobart dining strip, Hobart CBD and the waterfront.

Property History for 44 Forster St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$540,000
05 Jan 2021
Listed for Rent
$350/w
26 Mar 2015
  • 05 Jan 2021
    Sold for $540,000
  • 24 Jun 2020
    Listed for Sale Early - mid $500,000s
  • 12 Mar 2015
    Listed for Rent $350 / 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.