OFF MARKET

8/62 Forster Street
New Town TAS 7008

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 170m2
Land area: 344m2
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Property Details for 8/62 Forster St, New Town

8/62 Forster St, New Town is a 4 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 2014. The property has a land size of 344m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
Unit
Year Built
2014
Floor Size
170m2
Land Size
344m2
Local Government
Hobart
Lot/Plan
8/168130

Last Listing description (October 2018)

Set back off the road and superbly located in the popular suburb of New Town, this executive townhouse offers high quality spacious and modern accommodation, just moments to New Town Plaza and a short drive to the Hobart CBD. Plenty of room for the whole family or alternatively the ideal secure investment opportunity.
Constructed in 2014 and split over two levels this apartment is private and boasts a versatile floorplan. The entry level offers a bedroom with built in robes, neatly presented bathroom, separate laundry with a combination washer/dryer. The spacious, light filled open plan living and dining has been extended by the current owner and is serviced by a reverse cycle heatpump for year round comfort.
The modern kitchen offers high quality Hafele appliances and ample storage. The open plan living flows effortlessly through double glazed glass doors to the low maintenance courtyard providing the ideal space for entertaining family and friends.

Upstairs the large master bedroom presents a walk in wardrobe, ensuite and private balcony all serviced by a reverse cycle heatpump. There are an additional two bedrooms both with built in robes along with a cleverly designed study nook. The main bathroom is centrally located with a separate bath, shower and vanity, perfect for those with young children.
This property has 3 off street parking spaces available and a larger yard. Ideally located a short drive to the city and close to schools, shops and public transport this property offers a fantastic opportunity for all buyers!
- Double glazed commercial grade windows
- Natural granite bench tops
- Fully fenced courtyard with paved area
- Main bedroom with walk in robe & ensuite
- Quality Hafele appliances throughout
Year Built: 2014
Construction: Multiple Cladding
Heating: Electric
Approx. Council Rates: $2,100 per annum
Approx. Water Charges: $1,400 per annum
Current Rental Return: $650 per week

Property History for 8/62 Forster St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$700,000
13 Aug 2018
  • 13 Aug 2018
    Sold for $700,000
  • 25 May 2018
    Listed for Sale Offers Over $695,000
  • 22 Aug 2014
    Sold for $501,000

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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.
There are currently 16 properties listed for sale, and 6 properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 94 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.