5/16 Cross Street, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

5/16 Cross Street
New Town TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 13 Jul 2026
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Property Details for 5/16 Cross St, New Town

5/16 Cross St, New Town is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1962. While the property is not currently for sale or for rent, it was last sold in July 2002.

Building Type
Unit
Year Built
1962
Local Government
Hobart
Lot/Plan
5/58657

Last Listing description (August 2024)

BEAUTIFULLY PRESENTED FULLY FURNISHED MODERN UNIT

Located only a short stroll to local cafes, public transport and local shopping centres is this very sunny apartment that has everything provided including towels and linen meaning all you have to do is bring yourself and your suitcase!
The accommodation is excellent and offering: a modern and well appointed kitchen with generous stone bench tops and plenty of cupboard space, lovely north facing living area with both dining and sitting areas, bedroom with a full wall of built ins and modern bathroom with separate shower.
The complex is community minded with a common garden area for you to sit out in or even plant your own vegetable garden.

The apartment has an allocated parking space at the rear of the complex which is accessed off Jutland Street.
Be quick to inspect this apartment as it will not last long. This property is currently tenanted and inspections will be limited.

- Fully furnished
- 1 bedroom / 1 bathroom
- Convenient location
- One off street car spot

Please note the following:
To view this property please register online, you will receive an Email and/or SMS as soon as Inspection Times are available.

DISCLAIMER: We would like applicants to be aware that the paid verification ?Tenant Check? offered by Realestate.com.au or their ?Ignite? application platform is not supported by or affiliated with Petrusma Property Management, and is a product of Realestate.com.au directly. It is neither a compulsory requirement when applying for a property nor will it ensure your application is successful or prioritised.

Property History for 5/16 Cross St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$48,000
18 Jul 2002
  • 05 Aug 2024
    Listed for Rent $400 WEEKLY
  • 31 May 2021
    Listed for Rent $400 Per Week
  • 10 Feb 2021
    Listed for Sale High $300,000's
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About New Town 7008

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 3,095 properties. Over the last 5 years, Houses in New Town have seen a 8.25% increase in median value, while Units have seen a 10.44% increase. As at 30 June 2026:

  • The median value for Houses in New Town is $880,506 while the median value for Units is $526,487.
  • Houses have a median rent of $673 while Units have a median rent of $500.
There are currently 3 properties listed for sale, and 4 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 101 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.