7/388 Park StreetNew Town TAS 7008
Property Details for 7/388 Park St, New Town
7/388 Park St, New Town is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 71m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in February 2008.
Last Listing description (February 2021)
Spacious and newly updated, this single bedroom unit is located in the popular and convenient suburb of New Town. An open plan living room with water views across the river and fresh paint and flooring throughout the property. The kitchen contains ample cupboard space and a breakfast bench. Combined bathroom/laundry containing shower over bath and separate toilet. The large main bedroom contains built-in robes and attracts plenty of sunlight at the front of the apartment. The property has one OSP, is opposite a bus stop and only a short drive to the New Town Shopping Centre, schools and North Hobart eateries. Unfortunately, pets are not permitted.
Property History for 7/388 Park St, New Town, TAS 7008
- 04 Feb 2021Listed for Rent $350 / week
- 10 Jan 2020Listed for Rent $315 / week
- 23 Feb 2008Sold for $175,000
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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 3,093 properties. Over the last 5 years, Houses in New Town have seen a 27.39% increase in median value, while Units have seen a 25.10% increase. As at 31 October 2024:
- The median value for Houses in New Town is $809,021 while the median value for Units is $508,030.
- Houses have a median rent of $590 while Units have a median rent of $445.
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