2/49 New Town Rd, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 164m2 and floor size of 93m2.
Located on the cusp of North Hobart within walking distance of popular bars, cafes and restaurants, this low maintenance unit is an ideal option for those seeking an affordable entry point into the property market or solid investment.
Low maintenance, ground floor apartment
10-minute walk to North Hobart caf strip
Built: 1950
Construction: Brick
Heating: Heat Pump
Strata Fees: $4,150 (incl council rates, water rates & building insurance)
Strata Managers: Strata Complete
Rental Rate: Approx. $360 - $400 per week
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:
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