3/388 Park Street, New Town, TAS 7008 | Property Value & History | OnTheHouse
 
OFF MARKET

3/388 Park Street
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 54m2
Land area: 71m2
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Last updated 15 Dec 2025
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Property Details for 3/388 Park St, New Town

3/388 Park St, New Town is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1971. The property has a land size of 71m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in September 2011.

Building Type
Unit
Year Built
1971
Floor Size
54m2
Land Size
71m2
Local Government
Hobart
Lot/Plan
3/59454

Last Listing description (November 2011)

LIVE IN OR LEASE
THIS VALUE-PRICED UNIT REPRESENTS A GREAT OPPORTUNITY FOR THE INVESTOR WHO WANTS A LOW-MAINTENANCE ASSET IN A MOST CONVENIENT AND POPULAR AREA. FOR THE OWNER/OCCUPIER - ALL THE RIGHT INGREDIENTS! PARK STREET IS CLOSE TO EVERYTHING - MINUTES TO HOBART CITY, MOONAH, WALKING DISTANCE TO K-MART, COLES WITH ALL THE SHOPPING AND SERVICES YOU WOULD EVER NEED. AS A FURTHER CONVENIENCE, THE BUS STOP IS ACROSS THE STREET WITH SCHOOLS AND CALVARY HOSPITAL WITHIN EASY REACH. THIS PROPERTY IS A SMART BUY AND EASY ON YOUR BUDGET. THERE IS OFF-STREET PARKING FOR THIS COMPLEX OF 8 UNITS. THE UNIT IS ON THE UPPER LEVEL AND ENJOYS A LIGHT, SUNNY ASPECT. THE LARGE LOUNGE/LIVING AREA IS OPEN AND BRIGHT, AS IS THE BEDROOM WHICH HAS BUILT-INS. NEW CARPET THROUGHOUT. THE BATHROOM/LAUNDRY AREA HAS A SHOWER OVER BATH AND SEPARATE TOILET. PLEASE CALL BRENDA HAMPSON 0407 480 710 FOR AN INSPECTION AT YOUR CONVENIENCE. 'NOBODY IN THE WORLD SELLS MORE REAL ESTATE THAN RE/MAX'

Property History for 3/388 Park St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$172,000
30 Sep 2011
Listed for Rent
$190/w
15 Oct 2013
  • 01 Aug 2013
    Listed for Rent - Price not available
  • 28 Jun 2012
    Listed for Rent - Price not available
  • 04 Jan 2012
    Listed for Rent - Price not available
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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 3,091 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:

  • The median value for Houses in New Town is $870,525 while the median value for Units is $490,233.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 8 properties listed for sale, and 5 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 133 properties were sold in the past 12 months in New town.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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