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Posted by Nathan Grandin on November 7, 2022
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Property Management New Town

New Town is a suburb of the city of Hobart, Tasmania, Australia, about 4 kilometres north of the central business district of Hobart. It is generally considered Hobart’s oldest suburb, settled just a week after Sullivan’s Cove. It was historically the home of many of Hobart’s wealthiest citizens, and New Town features many grand residences, churches, and public buildings. The large farms were broken up following the world wars and are now an inner city residential suburb. Many of its streets are lined with Federation-style cottages. It is surrounded by the suburbs of North Hobart, Mount Stuart, Lenah Valley and Moonah, with the Queen’s Domain just to the southeast. Most of the locality is within the Hobart local government area, with 2.5% within Glenorchy.

Property Manager New Town

Suburb Summary

The size of New Town is approximately 4 square kilometres. It has 21 parks covering nearly 9.7% of total area. The population of New Town in 2011 was 5,968 people. By 2016 the population was 6,109 showing a population growth of 2.4% in the area during that time. The predominant age group in New Town is 30-39 years. Households in New Town are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in New Town work in a professional occupation. In 2011, 58.2% of the homes in New Town were owner-occupied compared with 57.4% in 2016. Currently the median sales price of houses in the area is $1,010,000.

Houses for rent in new town

Property management New Town

Units for rent in New Town