Median Sale Price
House
-
Updated on Oct 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2023
1 BR - | 2 BR - | 3 BR - |
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 | $935,000 | +1.6% | $500,000 | $2,140,000 | 60 |
| 2023 | $905,000 | -3.3% | $340,000 | $5,800,000 | 50 |
Median Sale Price
$905K
Based on 55 recorded sales within the last 12 months
Updated on 4 Dec 2023
Suburb Growth
-3.3%
Current Median Price: $905,000
Previous Median Price: $935,000
Based on 112 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2023)
Price Range Segments (12 months ending Nov 2023)
Median Weekly Rent Price
House
-
Updated on Oct 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2023
1 BR - | 2 BR - | 3 BR - |
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 | $540 | -1.9% | $190 | $950 | 89 |
| 2021 | $570 | +5.3% | $280 | $900 | 81 |
| 2022 | $560 | -1.8% | $295 | $850 | 85 |
| 2023 | $550 | -1.8% | $310 | $995 | 84 |
Median Rent Price
$550
per week
Based on 90 recorded rent within the last 12 months
Updated on 4 Dec 2023
Rent Price Growth
-1.8%
Current Median Rent: $550
Previous Median Rent: $560
Based on 173 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.2%
Current Median Price: $905,000
Current Median rent: $550
Based on 145 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2023)
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 |