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.
$1,400,000
Last sold
19 July 2022
4
Bedrooms
2
Bathrooms
1
Car spaces
530 m²
Land
286 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
$1,400,000
19 July 2022 · derived via latest_sale
Local land rate: recorded House sales in New Town (last 5 years) with land size have a median of $1,585/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
+57.4%
Median sale
Suburb $889,500
-1.07 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 Elders Real Estate HobartDesirably located in sought after New Town, this circa 1850 property is steeped in history, originally constructed as a toll house for one of the two roads heading north out of Hobart. Now a contemporary home with a versatile footprint, this is a rare opportunity to purchase in a tightly held locale.
The original building with attractive gabled frontage was first owned by Ruben Josephs, a tailor sent from London to Van Diemen's Land following a conviction for receiving stolen goods. Josephs was awarded the tender to run the tollhouse for three years, during which time he very enterprisingly issued his own trade tokens to people passing through his gate. Rueben Josephs was a well- known local character and is listed as a contributor to the fund for the construction of the Hobart Synagogue, one of the oldest in Australia.
Presented to market for the first time in over twenty years, The Toll House has undergone contemporary upgrades including a rear extension, resulting in a floorplan comprising multiple living areas centred around a leafy courtyard garden.
Light-filled open plan living accommodates the kitchen and informal living and dining, opening onto the deck and courtyard to create seamless indoor/outdoor living. Formal living and dining rooms are adjacent, with the dining room opening onto further living space. The flexible floorplan has a rumpus, study, four double bedrooms, two contemporary bathrooms, laundry and cellar across three levels. A combination of wood and electric heating ensures year round comfort.
Classic original features including timber floorboards, fireplace and mantels, and ornate timberwork enhance the ambience and character of this home. There is also the opportunity to add to this substantial holding with two residential blocks at the rear concurrently for sale.
Positioned nearby to the amenities of New Town and North Hobart including excellent schools, sporting facilities, the bike path allowing an easy ride to the CBD, Mona, and the Cornelian Bay waterfront walks. The CBD is less than ten minutes away.
For purchasers seeking a home enriched with heritage, yet offering comfortable contemporary living, this is an exceptional opportunity to become the next custodian of this piece of Tasmanian history.
Listing description written by Abi Freeman, Elders Real Estate Hobart — reproduced as published, not verified by Districts.