2/16 Cross Street, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

2/16 Cross Street
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 62m2
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Property Details for 2/16 Cross St, New Town

2/16 Cross St, New Town is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1962. The property has a land size of 62m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
1962
Floor Size
49m2
Land Size
62m2
Local Government
Hobart
Lot/Plan
2/58657

Last Listing description (January 2018)

Airy, modern and genuinely spacious, this one-bedroom apartment has been meticulously updated and is offered for sale fully furnished, ready for an astute investor to add to their portfolio or owner occupier to walk straight in. Currently operating as an Air BNB, this fabulous little apartment grossed $34,000 in the past financial year.
The layout offers an open-plan combination of living and dining, with a large separate kitchen housing a full size Artusi oven, Samsung fridge and microwave, and Beko washing machine. The large sunny bedroom features ample storage with two built-ins, while the striking, compact bathroom has all the feels of a contemporary hotel.
Outdoors is shared with the rest of the complex with body corporate plans in place for an upgrade of the entrance and gardens.

Complemented by a wonderful sense of desirable privacy in a fabulous location that's literally on the doorstep of everything that makes New Town such a fun locale in which to live or invest, this little gem will not last long.
Disclaimer: The content of this webpage is for information only. It is as accurate as possible at the time of uploading. The content is not intended as advice, and as such can not be used for valuation purposes or taken as absolute fact.
Property Code: 1695

Property History for 2/16 Cross St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$297,500
21 Nov 2017
Listed for Rent
$180/w
25 Feb 2015
  • 21 Nov 2017
    Sold for $297,500
  • 25 Aug 2017
    Listed for Sale Offers Over $295,000
  • 31 Jan 2015
    Listed for Rent $180 / week
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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 3,092 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, 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.