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

2 New Town Road
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 89m2
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Property Details for 2 New Town Rd, New Town

Building Type
Commercial
Land Size
89m2
Local Government
Hobart

Last Listing description (March 2013)

Central Location With An Abundance Of Possibilities
This neat unit is sure to provide prospective purchasers with an exciting array of possibilities. Located in Central New Town the unit boasts level entry access and comprises of two generous sized bedrooms (both with built ins), a good size bathroom/laundry & a large open plan living area which also connect well with the kitchen. This property has had upgrades throughout including fresh paint, new quality carpets & a new reverse cycle heat pump which adds to make this unit even more comfortable. All the living quarters are light and bright and the property also boasts lovely mountain and surrounding suburb views. The properties position is first class & all within a short stroll are local restaurants, shops, cafes, schools & the renowned North Hobart shopping strip. This property will make a perfect investment property with a great tenant history, a fantastic start for a young professional or even a superb lifestyle for someone looking to downsize onto the flat.
Additional feature/s - Built-In Wardrobes.

Property History for 2 New Town Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
  • 23 Nov 2012
    Listed for Sale OFFERS AROUND $220,000
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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 3,095 properties. Over the last 5 years, Houses in New Town have seen a 8.25% increase in median value, while Units have seen a 10.44% increase. As at 30 June 2026:

  • The median value for Houses in New Town is $880,506 while the median value for Units is $526,487.
  • Houses have a median rent of $673 while Units have a median rent of $500.
There are currently 3 properties listed for sale, and 4 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 100 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.