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 › New Town Rd
4
Bedrooms
2
Bathrooms
2
Car spaces
747 m²
Land
213 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
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 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 784 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 784 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 784 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 Harcourts HobartThis historically important and impeccably maintained colonial homestead has been nurtured and developed by a handful of careful custodians since it was built, circa 1834 by a wealthy merchant of English origin, named William Rout. The adjacent sandstone towers, then known as Routs Folly, were added around 1856 but were subsequently (and legally) separated in 1915 by the new owners, Zinc Corp, in order to provide a home for their chief pattern maker. Since that time, the home has been owned by three local families and has been tastefully and thoughtfully updated at various stages along the way, culminating in the wonderful property you can enjoy today.
The front boundary to this property is secured by a striking handmade brick wall, punctuated by an astounding original penitentiary door. A shared right of way driveway off Tower Road provides vehicular access to the property through a pair of automated garage doors, set within another stunning full brick wall boundary, a replica of the front.
Once inside the property, you will be greeted by an expansive cottage garden, including various fruit trees, meandering pathways, flowering trees and shrubs, potting house and lean-to garden shed. Remarkable sandstone pavers border the home and continue around the grounds, flowing into the picture-perfect country courtyard situated at the rear of the property, all underpinned by fabulous brick gables, home to vehicles and a workshop, whilst also providing handy upstairs storage.
The home is a one and a half storey, colonial style weatherboard dwelling, enhanced by a striking two storey galleried porch and associated gallery. The lofty, fluted ionic columns, rumoured to have been designed by famous architect James Blackburn, provide a commanding aesthetic to the building exterior, whilst also creating a large open porch area for sheltered entertaining. The house entrance is sheltered by a lovely front veranda, constructed with treillage columns and balustrades, to create a stunning colonial façade. Robust black timber window shutters are a reminder of our rugged early history, designed to negate any purported bushranger activity in the region.
Upon entering the home, you are welcomed by a wide entry hallway, featuring stunning Oregon floorboards, soaring ceilings, and an expansive arched entry into the formal sitting room. This room incorporates ornate gold cornicing, chandelier lighting, and a decorative open fireplace, with French doors providing access to the undercover porch. Directly opposite is the main living room, complete with sash windows and an enclosed free-standing wood heater to compliment the one of many modern panel heaters throughout the home, all economically run by a new 8.8KW solar power system.
The generous dining room includes an electric faux fireplace, adding warmth and ambience to this formal entertaining space, located conveniently adjacent to the kitchen for ease of catering and social interaction. This spectacular country kitchen is bathed in sunlight, inhabiting the northern side of the home, atrium like. Marble benchtops, ceramic sink, and brass tapware highlight a reticulated island bench, whilst classic soft close cabinetry and quality Euro appliances abound.
The two ground floor bedrooms are spacious with quality sisal carpets, the master bedroom incorporating a walk-in robe and modern ensuite/French laundry. Bisecting the main bedroom and kitchen is the main bathroom, generously proportioned and incorporating shower, toilet and marble vanity. Central to everything is a sumptuous open string Oregon staircase, illuminated by clever skylights, your pathway to two capacious attic bedrooms, with so much space for play, home office, music, and art. An adjoining sewing room could also be utilised as a studio or home office. A delightful homage to the properties original owner occupies the under staircase aperture, an ever-present aide-memoire of this homes amazing history.
The property is located in the popular city fringe suburb of New Town, occupying a position directly opposite Ogilvie High School and within 10 minutes' drive of the Hobart CBD. It was historically the home of many of Hobart's wealthiest citizens, and subsequently features many grand residences, churches, and public buildings. Modern day New Town is home to many great schools and parks, whilst a fantastic café strip is emerging on the main road.
• Renovated colonial character, built circa 1834
• Oregon floorboards, stunning central staircase
• Light-filled country kitchen, marble benchtops, euro appliances
• Multiple living spaces, formal dining room, sash windows, French doors,
• Dual access, brick wall boundaries, 8.8KW solar system, alarm system
• Extensive cottage garden, courtyard, fruit trees, sandstone pavers, gables
• Master bedroom, sisal carpet, walk in robe, modern ensuite
• Expansive attic space, bedrooms, sewing room, skylights
• 10 minutes from Hobart CBD
Council Rates: $2,800 (Approx p.a.)
Water Rates: $1,000 (Approx p.a.)
Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.
Listing description written by Mark Weaver, Harcourts Hobart — reproduced as published, not verified by Districts.