28a Roope St, New Town is a 4 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 441m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
Roope Street is one of New Town s most popular streets, being close to the Kmart shopping complex and only a few kms from the city with the eclectic North Hobart restaurant strip in between. This means that tenants will be drawn to this most convenient location and vacancy rates for investors will be very low.
We have available four one bedroom units on the same title. Two have been upgraded. All are currently tenanted and returning a total of $800 per week. There is the potential to increase the rent in the future, making the return even more attractive. Combine all this with long term capital growth and it becomes an excellent property investment package.
Inspections can be arranged with 48 hours notice.
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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