OFF MARKET

5/38 Oldham Avenue
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Land area: 79m2
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Last updated 4 Nov 2024
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Property Details for 5/38 Oldham Ave, New Town

5/38 Oldham Ave, New Town is a 2 bedroom, 1 bathroom Unit and was built in 1972. The property has a land size of 79m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
1972
Floor Size
60m2
Land Size
79m2
Local Government
Hobart
Lot/Plan
5/59420

Last Listing description (September 2024)

Just a short stroll to all amenities that New Town has to offer sits this private, renovated, dream oasis.
This property offers natural sunlight throughout, has a spacious feel and provides ultra modern tones.

- Spacious, large kitchen w/ ample storage

- Reverse cycle heat pump
- Built in robes in both bedrooms
- Shower over bath
- Combined laundry & bathroom
- Off street parking

The property is located on the seconds floor, accessible from the staircase that you'll find down the drive way.
Strictly no pets.
12 month lease available

Please register your interest to secure your inspection.

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Property History for 5/38 Oldham Ave, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$371,000
25 Nov 2019
Listed for Rent
$495/w
07 Feb 2023
  • 26 Aug 2024
    Listed for Rent $515 / week
  • 19 Jan 2023
    Listed for Rent $495 / week
  • 25 Nov 2019
    Sold for $371,000
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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.

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