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
$678K
Updated on Mar 2020
2 BR
$567K
3 BR
$675K
4 BR
$722K
Unit
$400K
Updated on Mar 2020
1 BR
$314K
2 BR
$400K
3 BR
$482K
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
$701,200
+4.4% $460,000 $905,000 27
Median Sale Price
$675K
Based on 72 recorded sales within the last 12 months
Updated on 26 May 2020
Suburb Growth
+1.5%
Current Median Price: $675,000
Previous Median Price: $665,000
Based on 125 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2020)
Price Range Segments (12 months ending Apr 2020)
Median Weekly Rent Price
House
$540
Updated on Apr 2020
2 BR
$420
3 BR
$550
4 BR
$590
Unit
$360
Updated on Apr 2020
1 BR
$300
2 BR
$398
3 BR
$545
4 BR
$700
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
$430
+11.6% $140 $650 83
2017
$490
+12.2% $205 $850 64
2018
$500
+2.0% $295 $850 68
2019
$550
+9.1% $190 $720 67
2020
$550
0.0% $190 $750 40
Median Rent Price
$550
per week
Based on 85 recorded rent within the last 12 months
Updated on 26 May 2020
Rent Price Growth
+5.5%
Current Median Rent: $550
Previous Median Rent: $520
Based on 140 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.2%
Current Median Price: $675,000
Current Median rent: $550
Based on 157 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2020)

Auction Results For New Town

Houses sold in Last 12 months ends 23 May 2020

$680K

Median Sale Price

100%

Clearance Rate

17/17

Sold/Reported

$760K

Highest Sale Price

Sold Price Range No. of Sold Properties
$600 K - $800 K
(Median Price Range)
3
$400 K - $600 K 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