4B/33 Tower Road, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

4B/33 Tower Road
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 98m2
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Property Details for 4b/33 Tower Rd, New Town

4b/33 Tower Rd, New Town is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1957. The property has a land size of 98m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1957
Floor Size
75m2
Land Size
98m2
Local Government
Hobart
Lot/Plan
112/135344

Last Listing description (October 2023)

This is a perfect opportunity to purchase a low maintenance secure large apartment with lift access, just under 100m2 of useable space including your own spacious balcony off the living area and even off the bedroom, intercom access, 1 car spot and loads of natural light with views to Mount Wellington.

It's the perfect 'lock up and leave' property and is as secure as you can get and the bonus here is there is ample storage throughout - above and beyond most apartments you will find on the market within a few minutes to Hobart.

It is rare to find an apartment of this size and extremely welcoming layout and a great feel.

The living area offers plenty of room for lounge and dining configurations and adjacent to this area sits the balcony, providing a place to enjoy the sun and fresh air whilst taking in the surrounding vistas.

The bedroom features built in wardrobes and opens out to the undercover patio area where you can see the sun rise of a morning or enjoy a cuppa. The tiled main bathroom incorporates a bath/shower combination and a smartly located laundry behind the bi-fold doors.

About New Town
Central located within close proximity to retail and caf? precincts in each direction of this property including chemists, doctors surgery, cafes, post office and many other shops. You can soak up the fresh air in the leafy surrounds and enjoy the many bushwalking trails on offer, within a few km to the Hobart CBD.

About Tasmania
With over $28 billion worth of infrastructure projects in the pipeline over the next decade in Tasmania (not including government housing projects), Hobart remains a solid city to be investing in with migration levels back to pre-pandemic levels and population growth with around 25,000 additional residents recorded in the last census. Demand is currently high, rental yields are great, and stock levels of quality homes low. We encourage you to get in quick on this opportunity.

Currently rented at $430 per week until Oct 2023
Body corporate approx: $2,600 p/a
Coucil rates approx: $1,530 p/a
Water bill approx: $900 p/a

Property History for 4b/33 Tower Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$434,000
09 Aug 2023
Listed for Rent
$430/w
20 Jan 2023
  • 09 Aug 2023
    Sold for $434,000
  • 01 Aug 2023
    Listed for Sale Not Disclosed
  • 20 Jan 2023
    Listed for Rent $430 / 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, 132 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.