5/27 Cross St, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 64m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Set back from the street in leafy surrounds, this immaculately presented apartment in the heart of New Town is a compelling prospect, offering entry level buying in a sought-after location.
This low maintenance home is set on one level with ground-level access, and accommodates two double bedrooms, a central main bathroom, and an open kitchen-living area which opens to the sunny rear courtyard. The home benefits from a host of tasteful upgrades, with new floor coverings, fresh paint, and upgrades to both the kitchen and bathroom.
Outdoors the paved courtyard on the northern side of the home offers all day sun, established hedging for privacy, as well as housing productive raised garden beds much enjoyed by its current owners. Valuable vehicle parking is provided by way of a single undercover park at the front of the complex.
This is truly an outstanding location with all you need at your doorstep. You are within walking distance to major shopping facilities, New Town Plaza, Hill Street Grocer, Dan Murphy's, high quality eateries, and the bustling North Hobart restaurant precinct, as well as highly regarded schools Friends and Sacred Heart.
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:
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