59 Montagu Street, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

59 Montagu Street
New Town TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 136m2
Land area: 579m2
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Property Details for 59 Montagu St, New Town

59 Montagu St, New Town is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1940. The property has a land size of 579m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
House
Year Built
1940
Floor Size
136m2
Land Size
579m2
Local Government
Hobart
Lot/Plan
2/152978

Last Listing description (April 2025)

Nestled in the tranquil and highly sought-after Montagu Street, this charming red brick residence offers an exceptional lifestyle opportunity in the heart of New Town. With its wide hallways, high ceilings, and thoughtfully designed layout, this home exudes a sense of spaciousness and light, creating a welcoming and airy atmosphere throughout.
Featuring three generously sized bedrooms-two with spacious built-in robes-and a well-appointed bathroom, the home is perfect for growing families or those seeking extra room to spread out. Timber floors add timeless character to the living areas and hall, while the seamless flow from the kitchen and living space to a stunning back deck provides an ideal setting for entertaining or simply unwinding in style whilst looking out over the River Derwent.
The secure yard offers peace of mind for families with children or pets, and with ample storage and three car spaces, this home is as practical as it is charming.

Located just minutes from the Hobart CBD, 59 Montagu Street combines suburban tranquility with urban convenience. Families will appreciate the proximity to esteemed educational institutions such as New Town Primary School, Sacred Heart College, and The Friends' School. Shopping and dining options abound with New Town Plaza featuring a Kmart, Coles Supermarket, and specialty shops, while the vibrant North Hobart precinct offers an array of cafes and restaurants.
Sports enthusiasts and outdoor lovers will enjoy easy access to local recreational facilities and the InterCity Cycleway, which passes directly through New Town, providing a scenic route for cyclists and pedestrians alike.
With its spacious interiors, delightful outdoor living spaces, and prime location, 59 Montagu Street is a true gem ready to welcome you home.

Property History for 59 Montagu St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$865,000
18 Feb 2025
Listed for Rent
27 Feb 2019
  • 18 Feb 2025
    Sold for $865,000
  • 15 Jan 2025
    Listed for Sale Offers Over $865,000
  • 18 Feb 2019
    Listed for Rent - Price not available
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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 3,097 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:

  • The median value for Houses in New Town is $870,878 while the median value for Units is $526,685.
  • Houses have a median rent of $670 while Units have a median rent of $505.
There are currently 6 properties listed for sale, and 5 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 95 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.