42 Tower Road, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

42 Tower Road
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 120m2
Land area: 633m2
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Property Details for 42 Tower Rd, New Town

42 Tower Rd, New Town is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1939. The property has a land size of 633m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
House
Year Built
1939
Floor Size
120m2
Land Size
633m2
Local Government
Hobart
Lot/Plan
3/40851

Last Listing description (July 2024)

Occupying a coveted position within one of Hobart's most desirable suburbs, this circa-1930's home combines enchanting old-world charm and character with contemporary comfort in the heart of New Town. Upon entry to this character property, you are greeted by a wide hallway that expands to all reaches of this home. There is a spacious lounge with gas heating, and a feature Art Deco ceiling rose surrounding the light fitting. The character continues throughout this home with stunning ornate original features that include high ceilings, Tasmanian hardwood skirting boards, some polished floors, and picture rails that enhance the ambience of the home. There are 3 large double bedrooms, main with built-in, serviced by an updated bathroom along with the open kitchen/dining area that has been transformed to add to this classic home. The rear yard is accessed by way of a single driveway to a blank canvas for you to transform into whatever you desire, whether it be a garage (STCA), play areas for the children or creating that garden you've always desired. This sensational property is situated in literally one of the most sought-after locations of New Town, within easy walking distance of all amenities, including schools, public transport, shopping centres and cafes of New Town. Add to that the Hockey centre, Hobarts main rugby grounds and the home is desirably located to offer vibrant city fringe living, just a short drive from Hobart's CBD.

Desirably located - vibrant city fringe living
One of Hobart's most desirable suburbs

Enchanting old-world charm, character and comfort
Spacious lounge with gas heating
Feature Art Deco ceiling roses
Stunning ornate original features
Modern open kitchen/dining area
Situated in literally one of the most sought-after locations
Within easy walking distance of all amenities
Just a short drive to Hobart's CBD

Property History for 42 Tower Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$815,000
12 Feb 2024
Listed for Rent
$600/w
13 Oct 2022
  • 12 Feb 2024
    Sold for $815,000
  • 18 Jan 2024
    Listed for Sale Offers Over $799,000
  • 13 Oct 2022
    Listed for Rent $600 / 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 3,092 properties. Over the last 5 years, Houses in New Town have seen a 23.86% increase in median value, while Units have seen a 18.10% increase. As at 31 December 2025:

  • The median value for Houses in New Town is $887,278 while the median value for Units is $487,436.
  • Houses have a median rent of $595 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and 1 property listed for rent in New town on OnTheHouse. According to Cotality's data, 128 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.