59 Bay Road, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

59 Bay Road
New Town TAS 7008

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 254m2
Land area: 1153m2
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Property Details for 59 Bay Rd, New Town

59 Bay Rd, New Town is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1939. The property has a land size of 1153m2 and floor size of 254m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
House
Year Built
1939
Floor Size
254m2
Land Size
1153m2
Local Government
Hobart
Lot/Plan
2/45439

Last Listing description (July 2017)

This superbly built brick, stone and tile roofed imposing property was built for a Hobart bank manager by the well renown Herburgh brothers. With a prime blue ribbon location boasting historic Runnymede as a neighbour. The impressive entrance hall has beautiful woodwork and could easily be more enhanced as there are Tas Oak floor boards under the carpet begging to be polished. There are 5 double bedrooms four of which have built-ins and the main features a spa bath ensuite. There are two huge lounges with picture rails and rosettes and both have enormous windows for sun and Mountain and River views. There is a roomy formal dining with a romantic open fire perfect for relaxing and entertaining guests. The kitchen is solid block wood and has a great old fashioned walk-in pantry. On big level, easy care gardens featuring relaxing courtyards, exotic shrubs and lawns, raised garden beds, sandstone arches, a covered bbq pergola and amazing shade house-potting shed. Quiet, sunny and easy access to the intercity walk way and bike track. Cornelian Bay with its walks, recreation grounds and restaurants, is just a short level stroll away. Everything is so convenient to this amazing house. With two garages one at the rear and one at the front and lots of off street parking there is room for everything. This is a wonderful place to call home and is a stand out quality offering. Please call Neville today for the pleasure of inspecting Oakleigh house.

Property History for 59 Bay Rd, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$935,000
20 Jul 2017
  • 20 Jul 2017
    Sold for $935,000
  • 01 Nov 2016
    Listed for Sale EXPRESSION OF INTEREST
  • 14 Jun 2016
    Listed for Sale $1,190,000
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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 3,092 properties. Over the last 5 years, Houses in New Town have seen a 18.30% increase in median value, while Units have seen a 16.62% increase. As at 31 January 2026:

  • The median value for Houses in New Town is $867,870 while the median value for Units is $488,545.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and 2 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 126 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.