1/27 Cross St, New Town is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 128m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Conveniently located in the hugely popular inner-city suburb of New Town, this updated 1970's unit is surprisingly spacious in size and immaculately presented throughout. Offering level access with the added bonus of a fully fenced courtyard, which is just the perfect space for kids to play or an opportunity for the green thumb. The accommodation comprises of three bedrooms, the master with an ensuite, a neat and tidy bathroom and a separate large living room drenched in natural sunlight. This low maintenance property will appeal to investors, first home buyers or downsizers alike, boasting easy access to the Hobart CBD this desirable property will not last long! High quality three bedroom Unit 70's character features throughout Plenty of scope to upgrade and add value Popular New Town location Ideal first home or investment Light and bright living room Well appointed kitchen Master bedroom with built in robe & ensuite Two additional bedrooms Central main bathroom with separate bath Laundry with external access Fantastic outdoor courtyard Close to transport, parks, schools & shops Less than 10 minutes to the Hobart CBDYear Built: 1978Construction: Brick VeneerHeating: ElectricEstimated Rental Return: Approx. $495-$545 per weekBody Corporate Fees: Approx. $XXX per annumCouncil Rates: Approx. $1975 per annumWater Rates: Approx. $898 per Annum Petrusma Property has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective Purchasers and the current Vendor(s) are advised to execute their own enquiries regarding the marketing material advertised or provided by Petrusma Property.
The size of New Town is approximately 4.0 square kilometres. There are 8 parks, covering nearly 9.3% of the 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 3,095 properties. Over the last 5 years, Houses in New Town have seen a -2.46% decrease in median value, while Units have seen a 12.18% increase. As at 31 August 2026:
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