OFF MARKET

46 Bay Road
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 119m2
Land area: 481m2
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Property Details for 46 Bay Rd, New Town

46 Bay Rd, New Town is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 481m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1920
Floor Size
119m2
Land Size
481m2
Local Government
Hobart
Lot/Plan
2/17993

Last Listing description (December 2022)

Centrally located in sought after New Town, this picturesque 1920's weatherboard cottage retains history and character with original features throughout including fireplaces, timber floorboards and large skirting boards. The timeless faade, wrapped with a quaint white picket fence, boasts charm and originality, and warmly invites you into the home of 46 Bay Road.

The contemporary light filled kitchen offers a spacious open plan living area with a gas stove and dishwasher. All three bedrooms are generously sized and serviced by the main bathroom with shower, vanity, WC and a free-standing clawfoot bathtub.

Outside, the beautifully presented cottage garden is fully fenced and private, with an abundance of established plants and fruit trees as well as a decent sized shed for all the gardening tools, perfect for those with a green thumb. The spacious deck offers a wonderful space for outdoor entertaining and barbeques in the warmer months.

Additionally, there is development approval for an ancillary dwelling, ideal for those looking for a great investment opportunity with dual income potential or requiring additional space for extended family or older children. Both the existing dwelling and the proposed second dwelling are approved for short term visitor accommodation (Airbnb).

Nestled in between North Hobart and Moonah, New Town is a well serviced and desirable suburb in which to reside, with vibrant cafes including renowned Jackman & McRoss and Jean-Pascal Patisserie. Close to fantastic public and private schools as well as New Town Station Nursery and the bike track only meters away, providing easy accessibility to both Mona and Salamanca. New Town is a convenient, quiet and neighbourly area only 4 kms from Hobart CBD.

Property History for 46 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$780,000
02 Nov 2022
  • 02 Nov 2022
    Sold for $780,000
  • 27 Aug 2022
    Listed for Sale Offers over $795,000
  • 26 Nov 2009
    Sold for $380,000
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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 3,096 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.