New Town, TAS 7008

New Town, TAS 7008

Compare Part of Hobart

2.54 km
Distance from CBD
13 k
Population
Median Sale Price
House
$690K
Updated on Dec 2020
2 BR
$600K
3 BR
$680K
4 BR
$717K
Unit
$395K
Updated on Dec 2020
1 BR
$320K
2 BR
$397K
3 BR
$702K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$382,500
0.0% $175,000 $820,000 60
2010
$425,000
+10.0% $200,000 $1,400,000 83
2011
$430,000
+1.2% $255,000 $1,010,000 68
2012
$432,500
+0.6% $175,000 $1,130,000 78
2013
$390,000
-10.9% $210,000 $1,100,000 77
2014
$440,000
+11.4% $180,000 $1,725,000 85
2015
$460,000
+4.3% $290,000 $975,000 74
2016
$484,000
+5.0% $200,000 $1,375,000 86
2017
$597,500
+19.0% $292,000 $2,125,000 80
2018
$651,500
+8.3% $278,000 $1,208,680 66
2019
$670,000
+2.8% $350,000 $982,000 63
2020
$705,000
+5.0% $278,500 $1,230,000 70
2021
$660,000
-6.8% $660,000 $660,000 2
Median Sale Price
$705K
Based on 67 recorded sales within the last 12 months
Updated on 28 Jan 2021
Suburb Growth
+4.8%
Current Median Price: $705,000
Previous Median Price: $671,000
Based on 133 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$530
Updated on Dec 2020
2 BR
$420
3 BR
$535
4 BR
$598
Unit
$375
Updated on Dec 2020
1 BR
$310
2 BR
$390
3 BR
$550
4 BR
$595
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
-
- - - -
2012
-
- - - -
2013
$450
0.0% $450 $450 1
2014
$350
-28.6% $175 $700 56
2015
$380
+7.9% $190 $650 92
2016
$440
+13.6% $140 $650 83
2017
$490
+10.2% $205 $850 64
2018
$500
+2.0% $295 $850 68
2019
$550
+9.1% $190 $720 67
2020
$535
-2.8% $190 $950 88
2021
-
- - - -
Median Rent Price
$530
per week
Based on 78 recorded rent within the last 12 months
Updated on 28 Jan 2021
Rent Price Growth
-3.8%
Current Median Rent: $530
Previous Median Rent: $550
Based on 152 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $705,000
Current Median rent: $530
Based on 145 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)

Auction Results For New Town

Houses sold in Last 12 months ends 23 Jan 2021

$725K

Median Sale Price

100%

Clearance Rate

3/3

Sold/Reported

$725K

Highest Sale Price

Sold Price Range No. of Sold Properties
$600 K - $800 K
(Median Price Range)
2

Schools closest to New Town, TAS 7008

School name Address Type Sector Distance
Sacred Heart College 2 CROSS STNew Town 7008 Combined Catholic 0.52 km
New Town Primary School FORSTER STREETNew Town 7008 Primary Government 0.87 km
Ogilvie High School 228 NEW TOWN ROADNew Town 7008 Secondary Government 1.07 km
The Friends SchoolTop 5 North Hobart 7002 Combined Independent 1.34 km
New Town High School 6 MIDWOOD STREETNew Town 7008 Secondary Government 1.31 km
Bowen Road Primary School 35 BOWEN ROADMoonah 7009 Primary Government 1.58 km
Campbell Street Primary School 231 CAMPBELL STREETHOBART 7000 Primary Government 1.62 km
Mount Stuart Primary SchoolTop 20 106 GILLON CRESCENTMount Stuart 7000 Primary Government 1.75 km
Lambert School 38-40 CHURCH STNorth Hobart 7000 Combined Independent 1.8 km
Lenah Valley Primary School 11 CREEK ROADLenah Valley 7008 Primary Government 1.57 km