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 › Swanston St
$2,100,000
Last sold
3 June 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
2,147 m²
Land
317 m²
Building
Districts View
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
$2,100,000
3 June 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
+136.1%
Median sale
Suburb $889,500
-1.68 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 scheme
Hobart Local Provisions Schedule
Zone
Inner Residential
114.9
Jurisdiction
Hobart
Hobart, TAS
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
TASZoned Inner Residential · 114.9 (Hobart Local Provisions Schedule). Official parcel area about 1,980 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Inner Residential · 114.9 (Hobart Local Provisions Schedule). Official parcel area about 1,980 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 1,980 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 Elders Real Estate Hobart'RaRita' circa 1910 is a generously proportioned Edwardian residence built in the Queen Anne Style and displaying magnificent period features throughout. Situated on a verdant allotment of 2,147sqm at the top of Swanston Street Hill with stunning views of kunanyi/Mt Wellington and the River Derwent, RaRita has been held in the same family for more than 60 years, making this a rare opportunity to acquire a substantial holding in a sought-after city fringe suburb close to all amenities.
A flexible floorplan accommodates multiple spacious reception rooms with a living room, formal dining room, open plan kitchen with casual dining, sitting room and sun porch, offering space for both larger gatherings and quieter spaces to retreat for relaxation.
The master suite has a dressing room adjacent, and three further bedrooms are serviced by two family bathrooms situated across the upper and lower levels. The laundry and workshop complete the floorplan.
Classic original features including the Mahogany staircase, high ceilings, timber flooring, ornate cornices and ceiling roses, fireplaces and picture rails all enhance the character and charm of the home. Contemporary additions including mains gas fireplaces, solar hot water, reverse cycle air conditioning, upgraded wiring and plumbing, and a BOSE sound system adds modern comfort and amenity.
Privately nestled behind remote controlled automatic gates, picturesque established grounds feature an orchard of mature trees and ornamental rose gardens. Fully fenced and secure, there is ample space for children and pets to safely play. Sheltered verandahs encircling the home also provide a tranquil vantage point from which to admire the gardens and ever-changing mountain views beyond.
Within easy reach of excellent schools, grocers, parks, shopping centres and cafes, everything a family could want or need is right on the doorstep, and Hobart's CBD less than ten minutes' drive.
Impressive in every way and offering the luxury of peace, privacy and space in a coveted urban setting, this is an exceptional opportunity to acquire an incredible piece of Tasmania's history and become the next custodian of a beautiful heritage family home.
Listing description written by Abi Freeman, Elders Real Estate Hobart — reproduced as published, not verified by Districts.
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