20/31 Tower Road, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

20/31 Tower Road
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 85m2
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Property Details for 20/31 Tower Rd, New Town

20/31 Tower Rd, New Town is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1957. The property has a land size of 85m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2011.

Building Type
House
Year Built
1957
Floor Size
75m2
Land Size
85m2
Local Government
Hobart
Lot/Plan
127/135344

Last Listing description (July 2025)

This modern one bedroom, immaculately presented unit is in the perfect location. Situated in New Town within walking distance to local shops and closely located to a major bus route, you will be impressed with the light filled ambience of the open plan living, dining and kitchen area with fabulous floor to ceiling windows and private terrace balcony to enjoy the summer nights on. The spacious bedroom offers plenty of storage with a large built-in wardrobe. One off street parking available.Six or twelve month Lease Agreement offered. Unfortunately no pets permitted.

Property History for 20/31 Tower Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$226,500
30 Aug 2011
Listed for Rent
$265/w
16 Nov 2011
  • 03 Jul 2025
    Listed for Rent $490 / week
  • 04 Nov 2011
    Listed for Rent - Price not available
  • 30 Aug 2011
    Sold for $226,500
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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 18.30% increase in median value, while Units have seen a 16.62% increase. As at 31 January 2026:

  • The median value for Houses in New Town is $867,870 while the median value for Units is $488,545.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and 2 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 125 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.