16/31 Tower Rd, New Town is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1957. The property has a land size of 85m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in April 2004.
This large one bedroom apartment has views across to the Derwent and is located in an excellent central location. The modern kitchen with fridge overlooks the open plan dining and lounge room and the sliding glass doors open out to balcony for summer living. The large bedroom has ample built in robes. The bathroom is bright and modern with the laundry included with washing machine and dryer included. Avail now this apartment represents great value so close to the city.
No pets please
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 16.22% increase in median value, while Units have seen a 10.46% increase. As at 30 April 2026:
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