1/31 Tower RoadNew Town TAS 7008
Property Details for 1/31 Tower Rd, New Town
Last Listing description (October 2023)
Knight Frank is pleased to present this rare opportunity to the market.
Comprising large open plan areas with high ceilings and amenities custom fitted for a NDIS provider, the space is light and bright and has access to a private and fenced rear garden / court yard & excellent natural light.
Moving forward the property could be suitable for a number of varied uses including continued care / respite, office use, or a myriad of complementary health care applications.
The property also benefits from 4 onsite car parks and ample on-street parking.
Property History for 1/31 Tower Rd, New Town, TAS 7008
- 16 Aug 2023Listed for Rent - Price not available
- 17 Nov 2017Listed for Rent - Price not available
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0About New Town 7008
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 16.22% increase in median value, while Units have seen a 10.46% increase. As at 30 April 2026:
- The median value for Houses in New Town is $904,287 while the median value for Units is $503,054.
- Houses have a median rent of $660 while Units have a median rent of $498.
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