56 New Town Rd, New Town is a 2 bedroom, 1 bathroom Unit and was built in 1914. The property has a land size of 285m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
56 New Town Road contains two approved, separate flats on one title both with two bedrooms, bathroom and laundry and individual decks. Both units are approximately 75m2 of internal area on a 285m2 allotment.
1/56 New Town Road is the top flat which benefits from morning sun from the east and level access to the street. 1/56 New Town Road features original timber floors through the kitchen and dining area, a separate living area and two generous bedrooms. The bathroom and laundry was completely renovated in 2019.
1/56 New Town Road is currently let on a month by month basis by a long term tenant.
2/56 New Town Road is located on the lower level of the property and was extensively renovated in 2005 with a new kitchen, bathroom and modern extension toward its northerly aspect leading to an open plan living, dining and kitchen area, a large deck and backyard with picturesque views of Mount Wellington. 2/56 New Town Road has polished timber flooring and new carpet laid in 2018.
56 New Town Road is located 2.5km from the Hobart CBD, 1.4km to the New Town Shopping Plaza (Woolworths, Coles & Pharmacy) and less than 1km to the local Hill Street Grocer, Daci & Daci Bakery and Friends School.
An opportunity to acquire two homes in one, a strong return on investment in a high capital growth area.
Contact Cam Rogers directly for more information or to arrange an inspection.
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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 4.24% increase in median value, while Units have seen a 7.28% increase. As at 31 July 2026:
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