2/38 Oldham Avenue, New Town, TAS 7008 sold on 26 August 2026 | OnTheHouse
 
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Sold on 26 Aug 2026 for $355,000

2/38 Oldham Avenue
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 70m2
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Property Details for 2/38 Oldham Ave, New Town

2/38 Oldham Ave, New Town is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 70m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 1 bedroom Unit sold in New Town in the last 12 months.

Building Type
Unit
Year Built
1972
Floor Size
58m2
Land Size
70m2

Last Listing description (August 2026)

Positioned for convenience and long-term investment security, this solidly constructed ground floor unit presents an outstanding opportunity for investors seeking a low-maintenance asset in a highly accessible location.

Built in 1972 from durable masonry brick, the property is one of just five units in a well-maintained complex, offering a sense of privacy and stability. The home features level access and a functional floorplan comprising a neat, well-presented kitchen, comfortable living area, a queen-sized bedroom with built-in robe, and a combined bathroom and laundry.

Adding further appeal, the property includes a designated off-street car space and a separate storage room on title, providing practical everyday convenience.

An active body corporate is in place to oversee the management and upkeep of the building and common grounds, ensuring the complex remains well presented.

Currently tenanted at $385 per week until February 2027, the property offers immediate rental income and long-term tenancy security. Please note, vacant possession is not available prior to the end of the lease.

Ideally located just minutes from the intercity cycleway, local hockey grounds, and the popular foreshore of Cornelian Bay, and only approximately 3km from the Hobart CBD, this is a prime position that continues to attract strong tenant demand.

A smart addition to any investment portfolio, combining solid construction, a tightly held complex, and an exceptionally convenient location.

Inspection by appointment, call today.

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Property History for 2/38 Oldham Ave, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$355,000
26 Aug 2026
Listed for Rent
$350/w
09 Aug 2022
  • 26 Aug 2026
    Sold for $355,000
  • 27 Mar 2026
    Listed for Sale Offers over $385,000
  • 19 Jan 2026
    Listed for Rent $385 / 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 3,096 properties. Over the last 5 years, Houses in New Town have seen a -2.46% decrease in median value, while Units have seen a 12.18% increase. As at 31 August 2026:

  • The median value for Houses in New Town is $864,401 while the median value for Units is $540,519.
  • Houses have a median rent of $675 while Units have a median rent of $513.
There are currently 4 properties listed for sale, and 3 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.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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