1 Bay Road, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

1 Bay Road
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 151m2
Land area: 735m2
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Last updated 8 Dec 2025
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Property Details for 1 Bay Rd, New Town

1 Bay Rd, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1926. The property has a land size of 735m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in November 2004.

Building Type
Unit
Year Built
1926
Floor Size
151m2
Land Size
735m2
Local Government
Hobart
Lot/Plan
7/103335

Last Listing description (April 2025)

UPDATE: 1/68 Bay Road is the only unit left to lease at the complex.

These newly constructed two bedroom units in New Town provide an ideal combination of elegance and convenience.

Experience an open-plan living space, a fully equipped kitchen featuring brand-new appliances (fridge, oven, stove and dishwasher) and two generously sized bedrooms with built-in wardrobes.

Situated in a desirable location near shops, cafes, schools and public transport, moving in is a breeze - everything you need is already provided.

A 12 month Lease Agreement is on offer and unfortunately pets are not permitted.

Property History for 1 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$280,000
15 Nov 2004
Listed for Rent
$520/w
13 Mar 2025
  • 07 Feb 2025
    Listed for Rent $520 / week
  • 29 Mar 2019
    Listed for Rent - Price not available
  • 15 Nov 2004
    Sold for $280,000
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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 3,091 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 2 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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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.