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.
3
Bedrooms
1
Bathrooms
3
Car spaces
1,053 m²
Land
158 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 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 @realtyThe current custodians of this magnificent property have had 34 years of family memories in this 3-bedroom residence on prestigious Pedder Street in New Town, where historic charm meets modern comfort in one of Hobart's most distinguished suburbs.
This impressive home sits proudly on a generous 1050+ square metre allotment, offering space, privacy and endless possibilities for the discerning buyer. The property zoning is "Inner Residential" and offers the potential inclusion of up the 3 additional dwellings, subject to council approval. The average lot size for the area is around 520m2, making this property a true standout and rare opportunity in New Town.
The home would make a perfect family home, just as the current owners have enjoyed the central, roomy location to raise their own family.
The welcoming wide hallway is the heart of this home and showcases beautiful floorboards throughout, creating warmth and character that flows seamlessly through the spacious lounge and three generously sized bedrooms. The renovated bathroom is perfectly positioned to serve the household, while the practical features of a fully renovated kitchen with huge storage and butlers pantry/study nook ensure modern convenience at every turn.
Climate control is effortless with reverse cycle air conditioning, keeping you comfortable year-round.
• 158 square metres of thoughtfully upgraded home retaining period feautures
• Workshop area perfect for hobbies or storage
• Solar hot water system and solar panels for eco-friendly living
• District aspect providing pleasant outlook
The outdoor spaces truly set this property apart, featuring an above-ground swimming pool that promises endless summer entertainment. The fully fenced grounds include a charming courtyard and dedicated outdoor entertainment area, perfect for hosting gatherings or simply relaxing in your private oasis. Multiple storage solutions are provided with convenient sheds, while secure parking accommodates your vehicles with a double garage plus additional carport space.
New Town's rich heritage and leafy streetscapes provide the perfect backdrop for this family home. Living here means you're part of Hobart's oldest suburb, renowned for its grand residences and historic significance dating back to 1804. The area's Federation-style cottages and colonial architecture create a unique neighbourhood character that's both prestigious and welcoming.
• Centro New Town Plaza shopping centre with Kmart and Coles nearby
• Easy access to quality education including New Town Primary School,
Friends School and Sacred Heart College
• The InterCity Cycleway runs directly through the suburb for recreational cycling
• Excellent transport links via New Town Road connecting to Hobart CBD and Glenorchy
Just 4 kilometres north of Hobart's CBD, this location offers the perfect balance of suburban tranquillity and urban accessibility. The tree-lined streets are home to some of Tasmania's most beautiful residential architecture, with many homes designed by renowned colonial architects. Whether you're commuting to the city or exploring the surrounding suburbs of North Hobart, Mount Stuart, and Lenah Valley, everything is within easy reach.
This is more than just a house – it's an opportunity to own a piece of Tasmania's history while enjoying all the comforts of contemporary living. The combination of generous land size, quality features, and premium location in New Town's coveted streetscape makes this property a rare find in today's market.
Don't miss your chance to secure this exceptional family home where heritage meets modern living in one of Hobart's most sought-after addresses, please contact Ben from @realty using the links provided on this page.
Listing description written by Ben Palmer, @realty — reproduced as published, not verified by Districts.