305 Park StreetNew Town TAS 7008
Property Details for 305 Park St, New Town
305 Park St, New Town is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1973. The property has a land size of 688m2 and floor size of 204m2. While the property is not currently for sale or for rent, it was last sold in April 2025.
Last Listing description (June 2026)
A property like this doesn't come around often! Located just moments from the city, this versatile home offers a rare combination of spacious family living with separate accommodation perfect for extended family members or guests. Whether you're looking for a place to call home or a savvy investment (currently achieving a combined rental income of $975 per week with excellent tenants in place), this low-maintenance property could be exactly what you've been searching for.
The home features level entry to both the main 3-4 bedroom residence upstairs and a fully self-contained 1-bedroom flat downstairs, offering ideal accessibility for all ages and lifestyles. Inside, the home is generously proportioned, with an abundance of natural light flooding the upper level. The modernized kitchen is both functional and stylish, perfect for family meals, while the bathrooms, though not modern, are in great working order and offer future renovation potential if desired.
Internal stairs lead down to a massive double garage with ample room for a workshop, storage, or a studio - a fantastic bonus for any hobbyist or home business.
The downstairs flat provides a private retreat with its own paved courtyard, perfect for enjoying morning sunshine. With vehicle parking close to the front door, convenience is key. The open-plan living space includes a well-equipped kitchen and a combined bathroom/laundry, while the spacious bedroom is ideal for a single person or couple seeking a convenient town base.
This location is hard to beat. A bus stop is right on your street, Hill Street Grocer is less than a 10-minute walk away, and the popular restaurant precinct in North Hobart is also within walking distance.
This property presents an exciting opportunity - whether as a family home, investment, or both.
Don't miss out on your chance to own such a rare find so close to the city!
Property History for 305 Park St, New Town, TAS 7008
- 29 Apr 2025Sold for $880,000
- 10 Apr 2025Listed for Sale Offers over $850,000
- 03 Oct 2016Listed for Rent $475 / week
Recent sales nearby
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0About 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.
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