5/23 Cross Street, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

5/23 Cross Street
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 81m2
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Property Details for 5/23 Cross St, New Town

5/23 Cross St, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 81m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
1968
Floor Size
65m2
Land Size
81m2
Local Government
Hobart
Lot/Plan
5/153005

Last Listing description (January 2025)

Welcome to 5/23 Cross Street, New Town - a delightful 2-bedroom unit that combines classic charm with modern convenience. Nestled in a vibrant urban neighborhood, this property offers a perfect blend of comfort, style, and accessibility.

Let's start with the highlights. This unit features two spacious bedrooms, perfect for a small family, guests, or even as a home office. The updated bathroom offers a modern touch, ensuring comfort and convenience.

As you step inside, you'll notice the brand-new carpet and floor coverings that create a warm and inviting atmosphere throughout the unit. Additionally, the updated aluminum double-glazed windows not only enhance the aesthetic appeal but also improve energy efficiency, keeping your living space cozy all year round.


This unit is situated in a great area, just a stone's throw away from popular cafes, supermarkets, and public transport options. Whether you're looking to grab a coffee, do some shopping, or commute with ease, you'll find everything you need right at your doorstep. Plus, with local doctors nearby, convenience and peace of mind are just around the corner.

This unit comes with one allocated car parking space, making it easy and convenient for you or your guests.

? Ample off-site parking for multiple cars
? A block of 6 units
? Vacant and ready to occupy
? Prime investment
? Low maintenance inside and out, set and forget
? Opportunity to add your personal touch cosmetically.
? $2600 Body corporate fees pa (approximate)
? $1220 Council rates pa (approximate)
? $1100 Water rates pa (approximate)

Don't miss out on this fantastic opportunity to own a piece of New Town! Whether you're a first-time buyer, an investor, or looking to downsize, this unit offers a perfect canvas to create your dream space. Schedule a viewing today and discover the charm of urban living at 5/23 Cross Street!

Property History for 5/23 Cross St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$360,000
19 Nov 2024
Listed for Rent
$440/w
06 Jan 2022
  • 19 Nov 2024
    Sold for $360,000
  • 08 Nov 2024
    Listed for Sale Offers Over $360,000
  • 27 Oct 2020
    Listed for Rent $440 / 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 3 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 133 properties were sold in the past 12 months in New town.

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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.