This sensational expansive fully serviced block enjoys a stunning botanical setting and views to Mount Wellington. Private, tranquil and with a serene ambience the land is gently sloping and would be ideal for a stunning new home or an exciting multi unit development STCA.
Enjoying morning and afternoon sun, the land is a delight at any time of day and is a rare offering for those who seek to build in an inner city locale. An established landscape and picturesque neighbouring planting provides the scene and setting for a new construction whether it be a single residence, units or apartments.
Just minutes to Calvary Hospital, private and public schools, Hill Street Grocer, North Hobart entertainment and restaurant strip, Augusta Road retail precinct and walking distance to the CBD, the allotment offers a rare, brilliant and inspiring opportunity.
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 3,095 properties. Over the last 5 years, Houses in New Town have seen a 16.22% increase in median value, while Units have seen a 10.46% increase. As at 30 April 2026:
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