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 › Montagu St
4
Bedrooms
1
Bathrooms
3
Car spaces
546 m²
Land
145 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in New Town (last 5 years) with land size have a median of $1,604/m² of land (n=72). 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.
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 Wolf Property117 Montagu Street is a charming double brick three or four bedroom home situated on a 546m2 allotment in the heart of New Town. The home offers flexibility in the floorplan, with all the living space on one level to suit the needs of a variety of buyers from a family to those looking to downsize.
Originally built in 1945, the home has been lovingly restored with a sympathetic renovation and extension completed in 2008 by Chris Jamieson. The home blends character with modern comforts. Ducted gas heating and gas hot water keep the home temperate year round, the home is kept secure by the built in security system and is ideal for entertaining with Bose surround sound system and indoor/outdoor spaces flowing seamlessly.
The home is positioned behind a picket fence on a tightly held street surrounded by beautifully maintained and manicured grounds. 117 Montagu Street is a short level walk to local cafes and restaurants, New Town Shopping Plaza and Sacred Heart College. The home is also 2km from the North Hobart Restaurant and Cafe strip and under 4km to the Hobart CBD, ideal for any professional working in or nearby Hobart.
The home showcases character features with timber floorboards, high ceilings, picture rails and detailed cornices that have been carefully retained. There is the option for three or four bedrooms in the home to suit your needs. The fourth bedroom could also be utilised as a second living area adjoining the deck if required (as pictured in photos)
The open plan living and dining area is located on the Eastern side of the home and has a warm and inviting presence. Adjacent to the dining area, the kitchen is modern and features built-in Ariston appliances, generous pantry space, Caesar Stone benchtops and a skylight ensuring the space is filled with natural light year-round.
Large glass bi-fold doors with timber framing provide an open entry to the North East facing deck. The deck is protected in all seasons by electric shutters overhead and has ample space, seating over 8 people easily. Stairs lead to the backyard, which has a variety of established fruit trees and a well kept greenhouse for those looking to grow their own fruit and vegetables. For the kids, a cubby house to enjoy.
117 Montagu Street benefits from having two separate and secure garages, providing parking for two cars plus additional storage space. There is also additional off-street parking.
Contact Cam or Nitin today for more information, or to arrange a private inspection.
Listing description written by Cam Rogers, Wolf Property — reproduced as published, not verified by Districts.