SOLD
Sold on 29 Mar 2024 for $455,000

9/338 Park Street
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 166m2
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Property Details for 9/338 Park St, New Town

9/338 Park St, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 166m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in New Town in the last 12 months.

Building Type
Unit
Year Built
1969
Floor Size
77m2
Land Size
166m2
Local Government
Hobart
Lot/Plan
9/60057

Last Listing description (May 2024)

Nestled within this development is a 2-bedroom co-joined villa, one of seventeen in total, strategically positioned for the utmost convenience. Tailored for various lifestyles, it's an ideal choice for down-sizers, retirees, singles, couples, and particularly appealing to investors. Erected in 1969, this residence stands as a testament to enduring quality, boasting brick veneer construction topped with a reliable tiled roof.

Step inside to discover a living area that generously sized for a villa of this kind and featuring electric heating for optimal comfort. The kitchen is equipped with ample bench space and storage. Perfectly utilizable or ready for a make-over.

The main bedrooms have built-in robes and generous proportions. The bathroom provides a complete experience with a shower, bath, vanity, and convenient in-house laundry facilities.

Access to the unit is facilitated through a well-sized single carport, which also houses a secure storage locker. The low-maintenance grounds surrounding the villa add to the property's appeal, ensuring a hassle-free living experience. Maintained meticulously both inside and out, this residence basks in a sunny north-facing aspect, enhancing its allure.
Conveniently situated, it offers proximity to bus stops, local schools, the New Town shopping precinct, sports grounds, and the city itself, making it an excellent choice for those seeking a well-rounded and accessible living environment.

Property History for 9/338 Park St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$455,000
29 Mar 2024
Listed for Rent
$320/w
14 Jul 2020
  • 29 Mar 2024
    Sold for $455,000
  • 31 Jan 2024
    Listed for Sale Offers around $475,000
  • 02 Jul 2020
    Listed for Rent $320 / 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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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.