1/42 Forster Street, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

1/42 Forster Street
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 117m2
Land area: 245m2
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Last updated 31 Aug 2026
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Property Details for 1/42 Forster St, New Town

1/42 Forster St, New Town is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1996. The property has a land size of 245m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in March 2007.

Building Type
Townhouse
Year Built
1996
Floor Size
117m2
Land Size
245m2
Local Government
Hobart
Lot/Plan
1/125523

Last Listing description (September 2026)

Positioned to capture beautiful all day sun, this well proportioned brick veneer unit offers warmth, natural light and a flexible two level floorplan in a highly convenient New Town location. Built in 1996, the home features a generous open plan kitchen, dining and living area downstairs. The neat kitchen provides ample storage, while a separate powder room and internal laundry add further practicality. Also on the lower level is a versatile separate room that could be used as a home office, study or guest retreat. With suitable alterations and any necessary approvals, it may also offer potential as a third bedroom. Upstairs, both bedrooms are particularly generous in size, with one featuring a built in wardrobe. The main bathroom includes a separate bath and shower. Year round comfort is provided by three reverse cycle air conditioners, with one in each bedroom and another servicing the downstairs living area. Outside, the low maintenance garden keeps weekends simple, while two off street parking spaces, including a covered carport, complete the package. New Town Plaza and surrounding shops are within walking distance, while the popular dining precincts of North Hobart and Moonah are also close by. Hobart's CBD is approximately six to seven minutes away by car, placing work, dining and everyday essentials within easy reach. Currently leased until 26 January 2027 and returning $530 per week, the property offers an established income stream from settlement. Key features include: Two particularly generous bedrooms Flexible study, home office or potential third bedroom Three reverse cycle air conditioners Open plan kitchen, dining and living area Main bathroom plus a downstairs powder room Low maintenance garden Two off street parking spaces, including a covered carport All day sun and a convenient central location Currently returning $530 per week The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 1/42 Forster St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$290,000
25 Mar 2007
Listed for Rent
$520/w
26 Dec 2023
  • 01 Sep 2026
    Listed for Sale Offers over $625,000
  • 13 Dec 2023
    Listed for Rent $520 / week
  • 19 Aug 2023
    Listed for Rent $520 / week
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About 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 3,094 properties. Over the last 5 years, Houses in New Town have seen a 4.24% increase in median value, while Units have seen a 7.28% increase. As at 31 July 2026:

  • The median value for Houses in New Town is $870,878 while the median value for Units is $526,685.
  • Houses have a median rent of $670 while Units have a median rent of $505.
There are currently 6 properties listed for sale, and 4 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 96 properties were sold in the past 12 months in New town.

Suburb Insights for New Town 7008

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Cotality Copyright and Legal Disclaimers about Property Data
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.