1/27 Cross Street, New Town, TAS 7008 sold on 25 March 2025 | OnTheHouse
SOLD
Sold on 25 Mar 2025 for $629,900

1/27 Cross Street
New Town TAS 7008

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 135m2
Land area: 128m2
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Property Details for 1/27 Cross St, New Town

1/27 Cross St, New Town is a 3 bedroom, 2 bathroom Unit with 2 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. There are other 3 bedroom Unit sold in New Town in the last 12 months.

Building Type
Unit
Year Built
1978
Floor Size
135m2
Land Size
128m2
Local Government
Hobart
Lot/Plan
1/57963

Last Listing description (June 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 CBD

Year Built: 1978
Construction: Brick Veneer
Heating: Electric
Estimated Rental Return: Approx. $495-$545 per week
Body Corporate Fees: Approx. $1000 per annum
Council Rates: Approx. $1975 per annum
Water 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.

Property History for 1/27 Cross St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$629,900
25 Mar 2025
  • 25 Mar 2025
    Sold for $629,900
  • 05 Jan 2025
    Listed for Sale Offers Over $650,000
  • 10 Oct 2019
    Sold for $482,000
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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 3,092 properties. Over the last 5 years, Houses in New Town have seen a 22.63% increase in median value, while Units have seen a 16.81% increase. As at 30 November 2025:

  • The median value for Houses in New Town is $870,525 while the median value for Units is $490,233.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 9 properties listed for sale, and 4 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 132 properties were sold in the past 12 months in New town.

Suburb Insights for New Town 7008

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.