OFF MARKET

70 Forster Street
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 28 Oct 2024
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Property Details for 70 Forster St, New Town

70 Forster St, New Town is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1870.

Building Type
Townhouse
Year Built
1870
Local Government
Hobart

Last Listing description (January 2016)

THIS WELL PRESENTED TWO BEDROOM TOWNHOUSE IS SITUATED IN THE HEART OF NEW TOWN, LOCATED WITHIN WALKING DISTANCE OF ALL LOCAL SCHOOLS, SHOPPING CENTRES AND SUPERMARKETS, THIS PROPERTY IS ALSO JUST MINUTES FROM THE HOBART CBD. OTHER FEATURES OF THIS IMPRESSIVE TOWNHOUSE INCLUDE; * TWO DOUBLE BEDROOMS, ONE WITH A FREE STANDING ROBE AND THE OTHER WITH BUILT-IN * SPACIOUS, FORMAL LIVING AREA WITH ELECTRIC PANEL HEATER * FUNCTIONAL KITCHEN WITH AMPLE CUPBOARD SPACE AND MOVEABLE BUFFET * MODERN LOOK BATHROOM WITH STAND ALONE SHOWER AND ROOM FOR LAUNDRY FACILITIES * FULLY ENCLOSED, LOW MAINTENANCE COURTYARD, OFF STREET PARKING FOR ONE CAR * CLOSE TO ALL LOCAL SERVICES AND PUBLIC TRANSPORT, 5 MINUTES TO HOBART CBD SORRY, NO PETS. THE PROPERTY IS OFFERED UNDER BREAK LEASE TERMS SO, THE CURRENT TENANT CAN BE FLEXIBLE WITH THE AVAILABLE DATE. FOR FURTHER INFORMATION OR, TO ARRANGE AN INSPECTION TIME, PLEASE CONTACT LIBBY FROM LJ HOOKER HOBART

Property History for 70 Forster St, New Town, TAS 7008

A timeline of how this property has performed in the market
Listed for Rent
$270/w
04 Jan 2016
  • 04 Jan 2016
    Listed for Rent $270 / week
  • 07 Apr 2015
    Listed for Rent $270 / week
  • 24 May 2014
    Listed for Rent $270 / 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 3,096 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, 91 properties were sold in the past 12 months in New town.

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