5/33 Tower Road, New Town, TAS 7008 | Unit for sale | OnTheHouse
 
FOR SALE
Buyer Enquiry Guide $425,000 - $475,000

5/33 Tower Road
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 84m2
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4.9%+ Gross return

The right property. The right location.
And a future that feels simple, smart, and sorted.
This? Is that moment.
Set on the second level of a secure, low-maintenance complex in ever-popular New Town, this north-facing one-bedder is the kind of property that speaks to both the heart and the head.
Inside, sunlight spills into a surprisingly spacious living area, while the bedroom offers built-ins and breathing room. The bathroom? Tidy, no-nonsense, and exactly where you need it.
This well-equipped complex also features an elevator for easy access, a ground-floor bike room with direct entry to the bike track, a communal viewing deck perfect for catching some sunshine or a quiet moment, and a versatile recreation room available for resident use.
There's a designated car space downstairs, but honestly, you're walking distance to Calvary Hospital, the North Hobart dining strip, public transport, and green space. Whether you're a first-home buyer who values lifestyle, a downsizer looking to simplify, or an investor chasing set-and-forget returns, this one has broad appeal and zero stress.
Currently tenanted on a casual lease and returning $450 per week, with low body corporate fees and high demand in a blue-chip suburb.
So go on,
Think it. Know it. Own it.

Property Details for 5/33 Tower Rd, New Town

5/33 Tower Rd, New Town is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 84m2 and floor size of 73m2. The place is currently for sale with PRDnationwide Hobart.

Building Type
Unit
Floor Size
73m2
Land Size
84m2
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About New Town 7008

The size of New Town is approximately 4.0 square kilometres. It has 8 parks covering nearly 9.3% of total area. The population of New Town in 2016 was 6122 people. By 2021 the population was 6781 showing a population growth of 10.8% in the area during that time. The predominant age group in New Town is 20-29 years. Households in New Town are primarily childless couples 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 2021, 56.80% of the homes in New Town were owner-occupied compared with 57.40% in 2016.

New Town has 3,091 properties. Over the last 5 years, Houses in New Town have seen a 28.09% increase in median value, while Units have seen a 15.31% increase. As at 31 October 2025:

  • The median value for Houses in New Town is $868,165 while the median value for Units is $484,755.
  • Houses have a median rent of $598 while Units have a median rent of $500.
There are currently 9 properties listed for sale, and 3 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 127 properties were sold in the past 12 months in New town.

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Barry Wheeler
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Jessie Mills
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PRDnationwide Hobart
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