1 Springvale Avenue, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

1 Springvale Avenue
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 100m2
Land area: 360m2
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Property Details for 1 Springvale Ave, New Town

1 Springvale Ave, New Town is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1942. The property has a land size of 360m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1942
Floor Size
100m2
Land Size
360m2
Local Government
Hobart
Lot/Plan
1/112966

Last Listing description (August 2022)

Located in a quiet avenue sits this charming 1940s residence.

This magnificent, immaculate home has fantastic heating throughout, has been well maintained and is located within walking distance to cafe's, schools and shopping centres.

PROPERTY FEATURES:

- Two bedrooms, main with built-in robes.
- Cost effective hydronic heating installed throughout.
- Tasmanian oak floorboards.
- Inviting lounge with large windows.
- Well appointed, retro kitchen with fantastic storage and bench space.
- Dining area is open plan to the kitchen.
- Modern bathroom with walk in shower.
- Separate laundry.
- Off street parking for two cars.
- Paved private terrace encapsulating the afternoon sun.
- Established, low maintenance gardens with fruit trees including apricot, plum and lemon.
- Secure lock up garden shed.

ABOUT THE AREA:
- Highly sought after location.
- Close to excellent schools, cafes, parks, North Hobart and the CBD.
- Moments from Coffee Shops, Restaurants, Supermarkets, Retail, Health and Community Services and more.
- Within close proximity to fantastic parks and prestigious schools.
- Close to bus route and intercity bike/walking track

TERMS OF TENANCY:
Available: Now.
Lease Length: 12 months.
Pet Policy: Pets may be considered upon application. (Not fully fenced)
Inspection: By appointment only, please register upon enquiry.

Property History for 1 Springvale Ave, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$782,000
14 May 2022
Listed for Rent
$540/w
26 Aug 2022
  • 04 Jul 2022
    Listed for Rent $550 / week
  • 14 May 2022
    Sold for $782,000
  • 10 May 2022
    Listed for Sale Offers Over $765,000
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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 3 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 133 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.