OFF MARKET

48 Bay Road
New Town TAS 7008

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 188m2
Land area: 532m2
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Last updated 10 Feb 2025
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Property Details for 48 Bay Rd, New Town

48 Bay Rd, New Town is a 4 bedroom, 2 bathroom House and was built in 1920. The property has a land size of 532m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
1920
Floor Size
188m2
Land Size
532m2
Local Government
Hobart
Lot/Plan
1/28491

Last Listing description (April 2024)

'Bickleigh' is a charming character filled home desirably located in popular New Town within easy reach of all the amenities of the suburb.

Four double bedrooms off the entry foyer provide ample accommodation and one could alternatively be used as a second living space. The hallway leads to the light-filled open plan living and dining room with access to the rear courtyard and undercover deck creating seamless indoor/outdoor living.

The rear wing of the home contains the contemporary kitchen with casual dining, two bathrooms and storage space. A combination of wood heating and an electric heat pump ensures year-round comfort. Outside the rear garden is well fenced and this property provides a gardener to tend to the yards.

Located close to the bike track, this property offers a relaxing lifestyle allowing easy access to the shops and cafes of New Town Village, recreational facilities of Cornelian Bay and a short commute via bike or car to Hobart's CBD. Pets negotiable.

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Property History for 48 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$560,000
24 Oct 2019
Listed for Rent
$600/w
22 Apr 2024
  • 12 Mar 2024
    Listed for Rent $600 / week
  • 05 Jan 2021
    Listed for Rent $560 / week
  • 10 Jan 2020
    Listed for Rent $560 / 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 3,095 properties. Over the last 5 years, Houses in New Town have seen a 30.30% increase in median value, while Units have seen a 9.99% increase. As at 31 January 2025:

  • The median value for Houses in New Town is $838,967 while the median value for Units is $459,651.
  • Houses have a median rent of $588 while Units have a median rent of $455.
There are currently 17 properties listed for sale, and 6 properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in New town.

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