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.
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
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 13.74% increase in median value, while Units have seen a 6.33% increase. As at 31 May 2026:
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