346 Park St, New Town is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1940. The property has a land size of 199m2 and floor size of 174m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom Unit sold in New Town in the last 12 months.
Set proudly above street level, this beautifully maintained 1940s home presents an exceptional opportunity for families, professionals, or investors. Located just minutes from North Hobart and quality schools, the home combines timeless character with modern comfort. Entry is via a private side entrance, leading into a bright lounge with polished timber floors, a feature wood heater with hardwood mantel and a heat pump. The generous dining area connects seamlessly to a well-appointed galley kitchen with timber cabinetry, white bench tops, a freestanding oven with induction cooktop, dishwasher, fridge/freezer and rangehood. A separate laundry and second toilet add further convenience on the ground floor.Outdoor living is easy with a private, covered courtyard featuring stone retaining walls, box hedging, outdoor cinema screen and a water feature - ideal for entertaining or relaxing. Upstairs, three oversized bedrooms all offer built-in wardrobes, crisp white walls, and contemporary charcoal carpets. Original timber features such as picture rails add warmth and character throughout. Two front bedrooms enjoy lovely elevated views with distant river veiws. The updated main bathroom includes a separate shower, bath, toilet and a stunning timber feature vanity flanked by large windows. A practical generous storage room upstairs is perfect for linen and household items, together with under stair storage area.The home is set behind a remote-controlled gate for added convenience and security, with a single garage, carport, and ample off-street parking. Mains gas connection, infinity gas hot water, low-maintenance grounds, and thoughtful design make this property a rare find. Positioned in a highly sought-after city-fringe location, it's just a short walk to shops, cafes, public transport, and some of Hobart's best schools-offering lifestyle, convenience, and long-term value.
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:
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