2/53 Bay Road, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

2/53 Bay Road
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 38m2
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Last updated 22 Jun 2026
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Property Details for 2/53 Bay Rd, New Town

2/53 Bay Rd, New Town is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 38m2.

Building Type
Unit
Year Built
1998
Land Size
38m2
Local Government
Hobart
Lot/Plan
7/60159

Last Listing description (May 2026)

Perfectly positioned in the heart of ever-popular New Town, this fully renovated unit presents an ideal opportunity for first home buyers, investors, or those seeking a low-maintenance city-fringe lifestyle. Easily accessible via a ramped entry, the property offers convenience and comfort in equal measure.

Tastefully updated throughout, the interior features beautifully polished timber floorboards, fresh neutral tones, and a functional, modern layout. The open-plan living space is bathed in morning sunlight, creating a warm and inviting atmosphere to start your day.

The kitchen has been thoughtfully renovated, offering ample storage, clean lines, and quality appliances. The bedroom includes built-in storage, while the updated bathroom features a full-sized bathtuba rare find in a one-bedroom unitperfect for soaking and unwinding.

This easy-care unit is just a short stroll to cafes, shops, intercity cycleway, public transport, and the North Hobart dining precinct, with the Hobart CBD only minutes away.
Whether you're looking to move in, rent out, or downsize in style, this charming New Town gem is a must-see.

Property features:
Fully updated throughout with modern finishes
Polished timber floorboards and neutral colour palette
Sun-filled open plan living
Renovated kitchen with ample storage
Generous bedroom with built-in wardrobe
Stylish bathroom with full-sized bathtub
Off-street allocated car space available
Easily accessible via a ramped entry
Well-maintained complex in a central location
Moments to shops, cafes, transport, and Hobart CBD

Council rates: $1,200 pa approx
Water rates: $600 pa approx
Body corporate: $1,456 pa approx
Rental estimate: $380- $400 pw approx
Year built: 1920
Construction: Brick

Property History for 2/53 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Listed for Rent
$350/w
06 Nov 2019
  • 15 Jul 2025
    Listed for Sale $360,000+ price range
  • 29 Oct 2019
    Listed for Rent - Price not available
  • 15 Oct 2019
    Listed for Sale Offers over $265,000
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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 13.74% increase in median value, while Units have seen a 6.33% increase. As at 31 May 2026:

  • The median value for Houses in New Town is $896,676 while the median value for Units is $505,963.
  • Houses have a median rent of $660 while Units have a median rent of $500.
There are currently 3 properties listed for sale, and 5 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 106 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.