38 Bay Road, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

38 Bay Road
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 93m2
Land area: 277m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 38 Bay Rd, New Town

38 Bay Rd, New Town is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1956. The property has a land size of 277m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1956
Floor Size
93m2
Land Size
277m2
Local Government
Hobart
Lot/Plan
2/56877

Last Listing description (December 2023)

Nestled in sought-after New Town, this charming home, built around the 1950s, awaits its next fortunate owner. Its versatile appeal makes it an ideal choice for a wide range of buyers, whether you're stepping into the property market, have a passion for renovation, are seeking an investment opportunity, or are ready to enjoy your retirement.

This property boasts single-level living with the flexibility of either three bedrooms or the option to create two bedrooms, granting you two distinct living areas. Original features are sprinkled throughout, preserving the character of the era. Off-street parking ensures your convenience, while a serene courtyard at the rear of the home adds a touch of tranquility to your living space.

Whether you're inclined to move in right away or aspire to undertake a renovation project tailored to your personal tastes, this home presents an excellent chance to become a part of a highly desirable suburb. You'll find yourself just moments away from an array of essential services, including prestigious private schools, a hospital, a bustling shopping centre, and expansive sporting fields.

For more information, please give me a call. Your dream home in New Town awaits!

Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property History for 38 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$570,000
24 Nov 2023
  • 24 Nov 2023
    Sold for $570,000
  • 24 Oct 2023
    Listed for Sale $569,000
  • 28 Nov 1989
    Sold for $66,500
Sign in to see more transactions
Commute Calculator

About 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 3,091 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:

  • The median value for Houses in New Town is $870,525 while the median value for Units is $490,233.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 9 properties listed for sale, and 2 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 133 properties were sold in the past 12 months in New town.

Suburb Insights for New Town 7008

Market Insights
New Town Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
New Town Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.