OFF MARKET

8/5 Augusta Road
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 68m2
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Last updated 4 Nov 2024
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Property Details for 8/5 Augusta Rd, New Town

8/5 Augusta Rd, New Town is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 68m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
Unit
Year Built
1969
Floor Size
54m2
Land Size
68m2
Local Government
Hobart
Lot/Plan
8/59942

Last Listing description (May 2023)

Located in a quiet complex, this one bedroom unit is just minutes from schools, New Town Shopping Centre, eateries in North Hobart and public transport. The unit has an open plan lounge/dining area with plenty of storage in the kitchen. The bathroom and laundry are combined. Convenient storage cupboards are located in the hallway. The sun-filled main bedroom is a good size. Unfortunately pets are not permitted at this property.

Property History for 8/5 Augusta Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$181,000
19 Nov 2014
Listed for Rent
$360/w
01 May 2023
  • 01 May 2023
    Listed for Rent $360 / week
  • 15 Jun 2022
    Listed for Rent $350 / week
  • 25 Nov 2019
    Listed for Rent $295 / 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, 92 properties were sold in the past 12 months in New town.

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