4/388 Park Street, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

4/388 Park Street
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 86m2
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Property Details for 4/388 Park St, New Town

4/388 Park St, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 86m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in January 2002.

Building Type
Unit
Year Built
1971
Floor Size
72m2
Land Size
86m2
Local Government
Hobart
Lot/Plan
4/59454

Last Listing description (November 2024)

This beautifully presented unit, set in neutral tones, offers comfort, style, and convenience. Located on the first floor of a well-maintained complex of eight, it features two double bedrooms, a modern kitchen, and a bright living area with picturesque water views.

- Freshly presented unit with neutral tones throughout.
- Two double bedrooms with built-in wardrobes, offering ample storage.

- Modern kitchen with refrigerator, wall oven, soft-close cabinets, and large pot
drawers.
- Light-filled living area with water views and a new reverse-cycle heat pump for
year-round comfort.
- Stylish bathroom with a large walk-in shower that incorporates a laundry with
washing machine and dryer included.
- Situated in a well-maintained complex of 8 units with neat landscaping and
peaceful surroundings.
- Includes an undercover car space for convenient parking.
- Located close to public transport, shopping centres, and amenities for easy
access to everything you need.
- Perfect for a 12-month lease.
- Not suitable for pets.
- Ideal for those seeking a quiet, well-kept unit with beautiful views. Don't
miss this opportunity!

Property History for 4/388 Park St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$79,000
24 Jan 2002
Listed for Rent
$540/w
25 Oct 2024
  • 05 Oct 2022
    Listed for Rent $540 / week
  • 11 May 2012
    Listed for Rent - Price not available
  • 04 Nov 2009
    Listed for Rent - Price not available
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About New Town 7008

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 3,097 properties. Over the last 5 years, Houses in New Town have seen a 4.24% increase in median value, while Units have seen a 7.28% increase. As at 31 July 2026:

  • The median value for Houses in New Town is $870,878 while the median value for Units is $526,685.
  • Houses have a median rent of $670 while Units have a median rent of $505.
There are currently 7 properties listed for sale, and 5 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 96 properties were sold in the past 12 months in New town.

Suburb Insights for New Town 7008

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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.