OFF MARKET

51 Bay Road
New Town TAS 7008

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 157m2
Land area: 796m2
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Property Details for 51 Bay Rd, New Town

51 Bay Rd, New Town is a 4 bedroom, 2 bathroom House and was built in 2023. The property has a land size of 796m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
2023
Floor Size
157m2
Land Size
796m2
Local Government
Hobart
Lot/Plan
1/222129

Last Listing description (October 2024)

Classic original features meld seamlessly with well-considered contemporary updates throughout this beautiful circa 1905 Federation home. Desirably located in a sought-after pocket of New Town and recently renovated to a high standard throughout to offer all modern comfort and conveniences, with easy care gardens and a flexible floorplan, this property is impressive in every way.

Set across one level, open plan living at the rear forms the heart of the home. Light-filled and spacious, it comprises the fully renovated kitchen with quality appliances, butler's pantry and quartz bench tops, adjacent to a living and dining area with a cosy wood heater.

The privately positioned master suite accommodates a walk-in wardrobe and ensuite bathroom. Two further bedrooms off the wide centre hallway each have built-in wardrobes, and are serviced by the generous family bathroom and combined laundry facilities. A spacious room with large bay window next to the entry foyer could be used for formal living or as a fourth bedroom.

With quality fixtures and fittings throughout, the renovation included upgrades to the roof, veranda, plumbing and wiring, and the installation of mains gas hot water and central heating. Gorgeous original features including stained glass windows, high ceilings, picture rails, ceiling roses and timber fireplace surrounds enhance the ambience of the home.

Outside a wrap-around verandah, landscaped front garden and enclosed timber deck at the rear provide ample space to relax alfresco. The property is fully fenced making it safe for children and pets, and there are two off street car spaces.

Within easy reach of excellent schools, the recreational facilities of Cornelian Bay, Hill Street grocer and a range of cafes, this is an exceptional opportunity to acquire a meticulously preserved character home in a coveted locale close to all amenities.

Property History for 51 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$670,000
08 Oct 2019
  • 20 Aug 2024
    Listed for Sale Offers over $1,150,000
  • 08 Oct 2019
    Sold for $670,000
  • 25 Sep 2019
    Listed for Sale Offers over $649,000
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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 8 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.