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.
$1,085,000
Last sold
21 July 2023
4
Bedrooms
2
Bathrooms
3
Car spaces
814 m²
Land
201 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
$1,085,000
21 July 2023 · 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
+22.0%
Median sale
Suburb $889,500
-0.53 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 View Real Estate HobartThis enchanting and private property has undergone a thoughtful renovation, transforming it into a spacious and contemporary tranquil haven, while preserving the charm and allure of its former cottage identity, situated in a high desirable locale of New Town.
Originally built in 1918, this meticulously maintained weatherboard home is a testament to timeless elegance. Throughout the home, the flowing Tasmanian Oak floorboards effortlessly connect the different areas, creating a harmonious unity. The original features have been lovingly preserved, including the exquisite Baltic Pine skirting, captivating stained glass windows and charming original fireplaces. An architecturally designed rear and upper floor extension was seamlessly added in 1999, blending the old with the new.
Its sweet charm and relaxing feel is a delight to be part of. Bathed in natural light, this home exudes a warm and welcoming ambiance which is peaceful and serene. The kitchen is a culinary dream, boasting high-quality appliances, gas cooking, attractive timber cabinetry, and a seamless integration with the larger living space. Adjacent to the kitchen is a cozy lounge adorned with a wood heater, offering the perfect space for quiet contemplation or shared relaxation on cool winter evenings.
The lower level encompasses three generously sized bedrooms, each featuring built-in storage and one with a timber bay window, the perfect day bed to escape and soak in the peace. A stylish and contemporary family bathroom, boasting a standout rain shower head, completes the lower level's amenities.
Ascending to the upper floor, you'll discover a retreat-style space featuring a sitting area and a fourth bedroom, accompanied by an additional bathroom. Meticulously designed to harmonise with the aesthetic of the main bathroom, this secluded area presents an ideal opportunity for a home office, a tranquil parent's retreat, or separate accommodation for visiting guests.
To ensure year-round comfort, both electric and wood heating have been thoughtfully installed throughout the home. Additionally, the property is equipped with an NBN connection, catering to modern connectivity needs.
French doors provide convenient access to the generous and leafy rear yard, creating a seamless indoor-outdoor flow. Wisteria wraps around the generous outdoor entertaining space, perfect for BBQs with family and friends. Sitting on an expansive 814m2 block is a haven of tranquility. With a plethora of established trees and mature gardens including a vegetable garden, brilliant for self sufficiency.
This versatile outdoor space caters to the whole family's desires, whether it's unwinding among the soothing shade, entertaining friends in the inviting gathering area, or enjoying a spirited game of cricket with the children. The garage and variety of sheds gives you many options for storage, while the electric gate secures the fully fenced yard, giving you peace of mind.
Conveniently located in proximity to Calvary Hospital, the renowned Jackman and McRoss bakery, and the vibrant New Town, North Hobart & Moonah shopping precincts, this property ensures easy access to essential services and amenities. Within walking distance, you'll find Sacred Heart College, while esteemed educational institutions like the Friends' School and various childcare options are within close reach. Furthermore, Hobart CBD is just a brief 10-minute drive away.
With its impeccable style and practicality, this remarkable residence is certain to captivate discerning buyers. Don't miss the opportunity to explore this beautifully presented home, perfectly designed for modern family living.
We have obtained all information in this document from sources we believe to be reliable however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Russell Yaxley, View Real Estate Hobart — reproduced as published, not verified by Districts.