New Town at a glance
6,802
People
$889,500
Median sale
$499/wk
Median rent
2.92%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
TAS › New Town › Forster St
$955,000
Last sold
6 Jan 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
668 m²
Land
180 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$955,000
6 Jan 2025 · derived via latest_sale
Local land rate: recorded House sales in New Town (last 5 years) with land size have a median of $1,622/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
New Town at a glance
6,802
People
$889,500
Median sale
$499/wk
Median rent
2.92%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs New Town
+7.4%
Median sale
Suburb $889,500
-0.20 pp
Gross yield
Suburb 2.92%
Suburb median $889,500 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $499/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
New Town at a glance
6,802
People
$889,500
Median sale
$499/wk
Median rent
2.92%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Insitu Property HobartWelcome to 10 Forster Street, New Town. Step into timeless elegance with this stunning double-fronted character home, where classic charm meets modern sophistication. Offering three to four double bedrooms, the main with ensuite along with several versatile living areas, this home adapts effortlessly to suit families, professionals, or those needing multifunctional spaces.
Upon entry, you will be greeted by a grand entrance hallway with high ceilings, intricate ceiling roses and timber sash windows evoking a sense of history and craftsmanship. Recent upgrades bring a fresh new energy to the home, including contemporary paintwork, plush new carpets, advanced ducted reverse-cycle air conditioning and rejuvenated gardens ready to thrive.
The kitchen and dining area is a sun-drenched haven, bathed in natural light year-round thanks to a stunning double-glazed wall of windows. This inviting space is perfect for both everyday family meals and larger gatherings. The spacious main living room opens onto a veranda overlooking the tranquil, fully fenced garden.
The backyard is a private sanctuary where established trees, flourishing fruit trees and veggie gardens create a lush, peaceful retreat. Perfect for unwinding or hosting alfresco gatherings, this serene haven also features under-house storage and a garden shed to satisfy the needs of gardeners and tinkers alike.
Ideally located in the highly sought-after suburb of New Town, this home is within walking distance to a range of conveniences. You'll find excellent schools, scenic parks, vibrant cafés, artisanal bakeries, and a well-stocked supermarket just a short stroll away. For even more convenience, the New Town shopping complex and the charming Lenah Valley shopping precinct are only minutes away, offering a variety of retail and dining options. Vibrant North Hobart with its restaurants, cinema, bars and shopping is also close by.
10 Forster Street is more than just a home - it's a lifestyle. With its abundant character, flexible layout, and enviable location, this residence invites you to enjoy the best of both worlds: a peaceful, private retreat, and the convenient amenities of New Town and into North Hobart. Prepare to fall in love with everything this exceptional property has to offer.
Listing description written by Beck Lauer, Insitu Property Hobart — reproduced as published, not verified by Districts.