34 Oldham AvenueNew Town TAS 7008
Property Details for 34 Oldham Ave, New Town
34 Oldham Ave, New Town is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 683m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom House sold in New Town in the last 12 months.
Last Listing description (May 2026)
Set in a highly sought after pocket of New Town, this is the kind of property that investors and developers are always watching for. Positioned on a generous parcel, the home offers immediate liveability with clear potential to further enhance, extend, or explore development opportunities (STCA).
The existing home has a simple, functional layout with good proportions throughout. A spacious living and dining area sits at the heart of the home, flowing through to a practical kitchen with pantry. Two well sized bedrooms, a central bathroom with separate WC, and a light filled sunroom add to the overall flexibility. Underneath, there is substantial under house storage, providing further scope for future use or improvement.
Currently tenanted until January 2027, the property offers immediate rental income and peace of mind for investors. The existing tenant is keen to remain in place and has been maintaining the home to a high standard, making this a straightforward, set and forget investment from day one.
What truly sets this property apart is the combination of land size and location. Just moments from shops, schools, transport, and the Hobart CBD, this is a proven position that continues to see strong demand. Whether you are looking to secure a solid investment, renovate over time, or unlock the development potential, this is an opportunity to buy in a premium area and capitalise on it moving forward.
There is also the added advantage of an existing DA permit in place, along with full engineering drawings for four townhouses. This provides a significant head start for those looking to develop, with the option to utilise all or part of the approved plans, subject to your own requirements and timelines.
• Parcel with development potential, STCA
• Prime New Town location close to CBD, shops, and schools
• Solid home with immediate rental or holding income
• Spacious living and dining area with great natural light
• Functional kitchen with pantry and practical layout
• Two well sized bedrooms with good proportions
• Sunroom providing additional living or workspace
• Separate bathroom and WC for everyday convenience
• Extensive under house storage with future potential
• Ideal for investors, developers, or long term land banking
Year Built: 1940
Construction: Weatherboard
Annual Water Rates: $1,189 approx.
Annual Council Rates: $2,688 approx.
Property History for 34 Oldham Ave, New Town, TAS 7008
- 14 May 2026Sold for $700,000
- 07 Apr 2026Listed for Sale Offers Over $695,000
- 11 Dec 2025Listed for Rent $545 / week
Recent sales nearby
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0About 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 3,095 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:
- The median value for Houses in New Town is $904,287 while the median value for Units is $503,054.
- Houses have a median rent of $660 while Units have a median rent of $498.
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