4/62 Bellevue Parade, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

4/62 Bellevue Parade
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 87m2
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Last updated 8 Dec 2025
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Property Details for 4/62 Bellevue Pde, New Town

4/62 Bellevue Pde, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 87m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
1990
Floor Size
71m2
Land Size
87m2
Local Government
Hobart
Lot/Plan
4/56709

Last Listing description (May 2024)

Nestled in the heart of New Town, this property offers the perfect blend of convenience and low-maintenance living, with features including double glazed windows ensuring year-round comfort and a carpark on title.

A charming porch welcomes you into an open-plan living area that seamlessly transitions to a bright kitchen with timber benchtops. Accessible from the kitchen, a petite, northerly aspect outdoor courtyard extends the living space.

Upstairs, two generously sized bedrooms provide a peaceful, sunny sanctuary, while the northerly bedroom benefits beautiful views of the mountain. The unit is serviced by a combined bathroom/laundry for added practicality.

Currently under lease until April 2024 with reliable tenants in place, this unit stands as a lucrative investment prospect for astute investors. For those keen to undertake a renovation venture, an exciting canvas awaits or simply those aspiring to make a seamless entry into the property market, this unit serves as an ideal starting point offering the flexibility to consider moving in at the conclusion of the lease.

Centrally positioned, the unit boasts easy access to bus links as well as the intercity cycleway leading into the city or further north to Glenorchy, while a short drive leads to the nearby New Town Plaza, providing convenient amenities. Nature enthusiasts will appreciate the proximity to Cornelian Bay, a ten-minute stroll away, offering picturesque walking tracks, public BBQ facilities, and the renowned Cornelian Bay Boathouse.

? Current weekly rental income: $365 p/w
? Heating: Electric panel heater
? Annual council rates: $1220 approx
? Annual water rates: $930 approx
? Annual body corporate fees: $1420 approx

Property History for 4/62 Bellevue Pde, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$369,000
12 Dec 2023
Listed for Rent
$360/w
08 Apr 2020
  • 12 Dec 2023
    Sold for $369,000
  • 25 Nov 2023
    Listed for Sale Offers over $360,000
  • 01 Apr 2020
    Listed for Rent $360 / week
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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

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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.