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Sold on 17 Aug 2024 for $725,000

9/119 New Town Road
New Town TAS 7008

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 168m2
Land area: 178m2
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Property Details for 9/119 New Town Rd, New Town

9/119 New Town Rd, New Town is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 2019. The property has a land size of 178m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Townhouse sold in New Town in the last 12 months.

Building Type
Townhouse
Year Built
2019
Floor Size
168m2
Land Size
178m2
Local Government
Hobart
Lot/Plan
9/177526

Last Listing description (August 2024)

Architecturally designed, light filled and spacious with a soothing monochromatic interior, this well-appointed town house has an exceptional floorplan maximising space, privacy and convenience. Desirably located on the cusp of New Town and North Hobart, this home is close to all amenities, offering the best of urban living.

Expansive living forms the heart of the home, comprising the well-equipped kitchen, dining and lounge space. A double bedroom, central bathroom and laundry facilities complete the floorplan on this level. The staircase to the upper storey reveals the generously proportioned master suite with walk in robe and ensuite bathroom. A third double bedroom sits adjacent to the study nook and third bathroom with bathtub and shower.

Superbly appointed throughout with quality fixtures and finishes, reverse cycle air conditioning ensures year-round comfort. A single garage with internal access provides secure off-street parking and an extra under cover car park and a home automation system with intercom enhances the amenity of this property.

Within easy walking distance of local shops and cafes, Hill Street Grocer New Town and the many restaurants and bars of the popular North Hobart Strip, this property offers both lifestyle and location amongst considered contemporary design.

Rental appraisal is in the vicinity of $700 per week, unfurnished.

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Property History for 9/119 New Town Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$725,000
17 Aug 2024
  • 17 Aug 2024
    Sold for $725,000
  • 18 Jun 2024
    Listed for Sale Offers over $725,000
  • 30 May 2023
    Listed for Sale Offers over $750,000
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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 3,098 properties. Over the last 5 years, Houses in New Town have seen a 26.14% increase in median value, while Units have seen a 32.49% increase. As at 31 August 2024:

  • The median value for Houses in New Town is $802,420 while the median value for Units is $517,885.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 11 properties listed for sale, and 7 properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in New town.

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