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
$675K
Updated on Jan 2020
2 BR
$529K
3 BR
$675K
4 BR
$722K
Unit
$398K
Updated on Jan 2020
1 BR
$319K
2 BR
$400K
3 BR
$479K
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
$675,000
+3.5% $515,000 $982,000 63
2020
$665,000
-1.5% $575,000 $780,000 12
Median Sale Price
$675K
Based on 71 recorded sales within the last 12 months
Updated on 20 Feb 2020
Suburb Growth
+3.5%
Current Median Price: $675,000
Previous Median Price: $651,500
Based on 131 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$550
Updated on Jan 2020
2 BR
$430
3 BR
$550
4 BR
$600
Unit
$350
Updated on Jan 2020
1 BR
$320
2 BR
$355
3 BR
$550
4 BR
$723
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 $750 67
2020
$620
+11.3% $190 $750 6
Median Rent Price
$550
per week
Based on 67 recorded rent within the last 12 months
Updated on 20 Feb 2020
Rent Price Growth
+9.1%
Current Median Rent: $550
Previous Median Rent: $500
Based on 132 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 138 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)

Auction Results For New Town

Houses sold in Last 12 months ends 15 Feb 2020

$671K

Median Sale Price

100%

Clearance Rate

21/21

Sold/Reported

$760K

Highest Sale Price

Sold Price Range No. of Sold Properties
$600 K - $800 K
(Median Price Range)
4
$400 K - $600 K 3

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