OFF MARKET

50 Bay Road
New Town TAS 7008

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 152m2
Land area: 502m2
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Property Details for 50 Bay Rd, New Town

50 Bay Rd, New Town is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 502m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in June 2007.

Building Type
House
Year Built
1920
Floor Size
152m2
Land Size
502m2
Local Government
Hobart
Lot/Plan
1/94466

Last Listing description (September 2022)

Classic original features meld seamlessly with a tastefully implemented contemporary renovation in this beautiful circa 1920 home. Desirably located in a sought after pocket of New Town and close to all amenities, this is an exceptional opportunity to acquire a character filled home with a stunning architecturally designed extension.

Conveniently set across one level, spacious open plan living forms the heart of the home. Comprising a living room with cosy wood heater, modern galley style kitchen with quality appliances and capacious storage, dining and family room, this is the perfect spot for entertaining friends and family at home. Glass bi-folds open from the main living area onto the large sheltered deck to create seamless indoor/outdoor living.

The private master suite is bathed in sunlight and accommodates an ensuite bathroom and built in robes. Two further double bedrooms are serviced by the central family bathroom and a study nook adds convenience.

Ornate plasterwork, leadlight accents, original fireplaces and polished timber floorboards offer character, whilst timeless fixtures and fittings have been cleverly implanted in a considered design featuring sophisticated monochromatic elements.

Extensive upgrades of the roofing, plumbing, electrical, sash windows and insulation have been undertaken by the current owners. Surrounded by picturesque landscaped gardens, with a rear garden courtyard with firepit, off street parking is provided for in the carport and driveway and there is lockable under house storage.

Close to the many cafes, shops and facilities of New Town, excellent schools and sporting facilities and less than ten minutes from Hobart's CBD, the purchasers of 50 Bay Road need only move in and enjoy this superbly restored, well designed family home.

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Property History for 50 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$330,000
13 Jun 2007
Listed for Rent
$350/w
20 Mar 2015
  • 07 Jun 2022
    Listed for Sale Offers over $1.15 million
  • 20 Mar 2015
    Listed for Rent $350 / week
  • 13 Nov 2014
    Listed for Sale OFFERS OVER 395000
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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 7 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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