Median Sale Price
House
$1M
Updated on May 2022
2 BR $800K | 3 BR $988K | 4 BR $1.3M |
Unit
$588K
Updated on May 2022
1 BR $360K | 2 BR $574K | 3 BR $846K |
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 | $702,000 | +4.6% | $278,500 | $1,230,000 | 71 |
| 2021 | $920,000 | +23.7% | $360,000 | $2,601,000 | 70 |
| 2022 | $1,031,000 | +10.8% | $587,500 | $2,140,000 | 26 |
Median Sale Price
$1M
Based on 62 recorded sales within the last 12 months
Updated on 27 Jun 2022
Suburb Growth
+24.5%
Current Median Price: $1,000,000
Previous Median Price: $755,000
Based on 133 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$553
Updated on May 2022
2 BR $460 | 3 BR $570 | 4 BR $663 |
Unit
$400
Updated on May 2022
1 BR $360 | 2 BR $420 | 3 BR $620 | 4 BR $780 |
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 | 89 |
| 2021 | $570 | +6.1% | $280 | $900 | 80 |
| 2022 | $550 | -3.6% | $295 | $700 | 33 |
Median Rent Price
$570
per week
Based on 75 recorded rent within the last 12 months
Updated on 27 Jun 2022
Rent Price Growth
+3.5%
Current Median Rent: $570
Previous Median Rent: $550
Based on 152 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $1,000,000
Current Median rent: $570
Based on 137 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
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 |