OFF MARKET

85 Montagu Street
New Town TAS 7008

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 469m2
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Property Details for 85 Montagu St, New Town

85 Montagu St, New Town is a 4 bedroom, 1 bathroom House and was built in 1942. The property has a land size of 469m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
House
Year Built
1942
Floor Size
53m2
Land Size
469m2
Local Government
Hobart
Lot/Plan
1/207324

Last Listing description (August 2024)

Positioned on one of New Town's most desirable tree-lined avenues, this property offers a quiet suburban setting with easy walk into the City and New Town Plaza. Recently renovated, it boasts a new kitchen, new bathroom, and fresh paint throughout.

The sun filled lounge room and spacious dining rooms both have beautiful original fireplaces for warmth during cooler months. The reverse cycle heatpump for all year comfort. The kitchen is equipped with brand new island bench, cupboards, cooking appliances and dishwasher. The upgraded bathroom for easy maintenance, plus an extra toilet. Three spacious bedrooms, two with built-in wardrobes, plus the option to use the lounge as an additional bedroom. The high ceilings with decorative roses and cornices, original light fittings, and Tasmanian Oak doors and frames add to the home's charm. The low-maintenance front gardens only require minimal weeding.


Driveway parking for 2 cars and plenty of street parking. NBN ready.
Pets considered. Please note, the front yard is not fully fenced.

Property History for 85 Montagu St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$641,000
10 Feb 2018
Listed for Rent
$395/w
23 Oct 2023
  • 27 Jun 2024
    Listed for Rent $595 / week
  • 16 Oct 2023
    Listed for Rent $395 / week
  • 10 May 2021
    Listed for Rent $365 / 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 3,093 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 8 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.