OFF MARKET

9/217 New Town Road
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 113m2
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Property Details for 9/217 New Town Rd, New Town

9/217 New Town Rd, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 113m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
1974
Floor Size
95m2
Land Size
113m2
Local Government
Hobart
Lot/Plan
9/59302

Last Listing description (June 2020)

Impeccable presentation along with beautiful mountain views, sizeable living areas and an intelligent floor plan combine to enhance this perfect standalone unit which is part of a quiet complex to make the ideal investment property.Currently in lease until 2021 under the Government Private Rental Scheme the property returns the equivalent of almost $443 per week in income. This spacious unit is ideally positioned for comfort and convenience and is situated in a quiet cul-de-sac off New Town Road (Marsh Street.) It is within walking distance to New Town Plaza, which boasts an array of shops including Coles, Kmart and Chemist Warehouse. It features a combined kitchen/dining which flows through to to the living room and is substantially heated not only by excellent sunlight but also via a reverse cycle heat pump. There are two good sized bedrooms, both with built in robes, bathroom providing separate shower and bath and finally separate toilet and laundry.The property also boasts an easy care garden, garden shed and off street parking alongside the unit which allows for easy access to the front and rear of the home.New Town has become one of the hottest and most sought after suburbs in Hobart, prices despite the current climate are still climbing in prime areas, so this is a great opportunity to purchase in the 7008 postcode at a very reasonable price. Close to local shopping centres, schools, public transport and only 5 minutes to the Hobart City you couldn't find a more convenient location.Don't miss this wonderful opportunity, call today to make an appointment to inspect. This property can only be described as one of the most value for money units available in New Town and we challenge you to find another investment in the suburb with a greater yield! Thinking of Selling?If you are curious to know the value of your home and would like a no obligation free appraisal, please contact the National Award winning Natalie Downton from Downton Property. She can even complete a desktop appraisal without visiting your address within 15 minutes. Just text 0417 434 136 with your name and address.

Property History for 9/217 New Town Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$397,000
30 May 2020
Listed for Rent
$265/w
20 Apr 2011
  • 30 May 2020
    Sold for $397,000
  • 16 Apr 2020
    Listed for Sale Offers Over $390,000
  • 21 Feb 2015
    Sold for $275,000
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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.