40 Tower Road, New Town, TAS 7008 | Property Value & History | OnTheHouse
 
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40 Tower Road
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 648m2
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Last updated 29 Dec 2025
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Property Details for 40 Tower Rd, New Town

40 Tower Rd, New Town is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1939. The property has a land size of 648m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in April 2010.

Building Type
House
Year Built
1939
Floor Size
120m2
Land Size
648m2
Local Government
Hobart
Lot/Plan
4/40851

Last Listing description (April 2010)

LOVINGLY MAINTAINED HOME
BOASTING ORIGINAL FEATURES THIS HOME COMBINES THE CHARM OF YESTERYEAR WITH UPDATED AREAS. SUN DRENCHED LIVING AREAS OVERLOOK RAMBLING GARDEN OF FLOWERS, VEGE PATCH AND FRUIT TREES. CONVENIENTLY LOCATED TO TRANSPORT, THREE SCHOOLS AND KMART COMPLEX.
• LOVINGLY MAINTAINED HOME

• ORIGINAL FEATURES AND UPGRADES
• SUN DRENCHED LIVING AREAS
• FAMILY, FIRST HOME BUYER OR INVESTOR
• CONVENIENT LOCATION
YEAR BUILT: 1939, CONSTRUCTION: BRICK, HEATING: WOOD & ELECTRIC

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Property History for 40 Tower Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$376,000
10 Apr 2010
  • 10 Apr 2010
    Sold for $376,000
  • 08 Apr 2010
    Listed for Sale Not Disclosed
  • 29 Oct 1992
    Sold for $115,000
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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 3,093 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 3 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 135 properties were sold in the past 12 months in New town.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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