Presenting an incredible development opportunity in a fantastic location and new homes growth area. Subject to Council approval there is the ability to build 4 stand alone units/townhouses. Situated in an elevated position, enjoying suburban views and all day sun, this gently sloping allotment is located at the end of the cul de sac. This is a chance to hit the ground running with a spectacular opportunity in the ever popular New Town precinct. Conveniently located with just a ten minute commute to the Hobart CBD and moments from schools and nearby shopping centres, this is an ideal location to build and thrive. For further details please contact Ben Gray.
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 3,091 properties. Over the last 5 years, Houses in New Town have seen a 22.63% increase in median value, while Units have seen a 16.81% increase. As at 30 November 2025:
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