98 Pedder St, New Town is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 482m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in November 2016.
If you have been waiting for an affordable entry to the market or wish to upsize or downsize without comprise of amenities and quality, then this excellent offering is well worth an inspection. Ideal for young families, investors or perhaps retirees, this low maintenance, well located, solid brick home is certainly one to consider. Lovely street presence, well established gardens, private, under cover rear entertainment area, flexible and very practical floor plan, excellent parking facilities, online natural gas for hot water, heating and cooking, typical period features and essentially level access, add to the overall appeal.
Well respected private and public schools including Friends, Sacred Heart, Ogilvie and New Town High and primary schools, major shopping complexes, child care facilities, Tasmanian Hockey Centre, Southern Tasmanian Netball Centre, Tasmanian Tennis Centre, Queens Domain, Cornelian Bay recreation and designated dog walking areas, cafes, restaurants and medical facilities, are all a short stroll away.
New Town is recognised as one of Hobarts most desirable suburbs providing a gateway to the CBD, Northern suburbs and the Eastern shore. Capital growth in the area is significant and the entry point is on the increase, so now is the time to secure an affordable, safe and secure, well maintained property to ensure a well-founded investment for you and yours to enjoy.
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 3,096 properties. Over the last 5 years, Houses in New Town have seen a 13.74% increase in median value, while Units have seen a 6.33% increase. As at 31 May 2026:
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