318 Park Street, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

318 Park Street
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 149m2
Land area: 606m2
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Last updated 17 Aug 2026
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Property Details for 318 Park St, New Town

318 Park St, New Town is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1942. The property has a land size of 606m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1942
Floor Size
149m2
Land Size
606m2
Local Government
Hobart
Lot/Plan
9/13702

Last Listing description (August 2026)

Positioned in the heart of sought-after New Town, this charming character home offers generous living spaces, practical features and a spacious backyard, making it an ideal home for families, professionals and those seeking convenience.Property Features: Three generous bedrooms Built-in wardrobes in two bedrooms Spacious kitchen with ample cupboard storage Separate lounge featuring a cosy gas fireplace Light-filled sunroom, ideal as a home office, reading nook or additional living space Updated bathroom Covered external laundry Single garage with adjoining workshop and storage space Additional garden shed Spacious, fully fenced backyardIdeally located just moments from schools, shopping centres, cafs, public transport and only a short drive to the Hobart CBD, this home offers the perfect balance of character, comfort and convenience.* Please note, the 'Tenant Check' offered through the Ignite application platform is a paid product offered by Realestate.com.au and is in no way affiliated with Fall Real Estate. It is not a compulsory requirement when applying for one of our properties and it will not ensure your application will be successful or prioritised.

Property History for 318 Park St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$890,000
26 Jul 2021
Listed for Rent
$550/w
05 Sep 2022
  • 17 Jul 2026
    Listed for Rent $620 / week
  • 05 Sep 2022
    Listed for Rent $550 / week
  • 20 May 2022
    Listed for Rent $550 / week
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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 4.24% increase in median value, while Units have seen a 7.28% increase. As at 31 July 2026:

  • The median value for Houses in New Town is $870,878 while the median value for Units is $526,685.
  • Houses have a median rent of $670 while Units have a median rent of $505.
There are currently 5 properties listed for sale, and 6 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 96 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.