8 Dowding Crescent, New Town, TAS 7008 | Property Value & History | OnTheHouse
OFF MARKET

8 Dowding Crescent
New Town TAS 7008

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 686m2
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Property Details for 8 Dowding Cres, New Town

Building Type
Land
Land Size
686m2
Local Government
Hobart
Lot/Plan
77/172343

Last Listing description (March 2020)

Beautifully central in the heart of New Town, Garrington Park is situated just off Giblin Street and Noble Drive. This exciting new subdivision is bound to generate competitive interest given the city fringe location. The allotment enjoys level topography which lends itself to economic construction and scope in design.The Hobart City Council Planning Scheme indicates that 2 dwellings may be possible, subject of course to formal council approval. All services and a cross-over are in place. The block presents well, is attractively fenced on three boundaries and enjoys lovely mountain views.Given that the adjacent property has 2 units under construction on a similar land size suggests that the allotment at number 8 would also be eligible for a 2 unit development site (STCA). Alternatively, the owner occupier may wish to build a substantial residence for their own use and enjoyment.Garrington Park is very conveniently located, being just a few minutes to a major shopping infrastructure, nearby New Town Plaza, a selection of schools and cafes. Lenah Valley village is nearby, as well as the bustling Moonah Shopping precinct. New Town is situated on the cusp of North Hobart and a just a mere 8 minutes drive to the CBD.Public transport is readily available in all directions from this central location. Hobart is enjoying continuous buoyancy and confidence in real estate terms for a variety of factors so right now is an excellent time to invest!The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.All timeframes and dimensions are approximates only.

Property History for 8 Dowding Cres, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$405,000
21 Feb 2020
  • 21 Feb 2020
    Sold for $405,000
  • 09 Jan 2020
    Listed for Sale Buyers in the $395,000+
  • 27 Feb 2017
    Sold for $330,000
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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 3,095 properties. Over the last 5 years, Houses in New Town have seen a 16.22% increase in median value, while Units have seen a 10.46% increase. As at 30 April 2026:

  • The median value for Houses in New Town is $904,287 while the median value for Units is $503,054.
  • Houses have a median rent of $660 while Units have a median rent of $498.
There are currently 7 properties listed for sale, and 4 properties listed for rent in New town on OnTheHouse. According to Cotality's data, 117 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.