15 Bay Road, New Town TAS 7008
This property is Off Market
- The Average property price in this area is $484,051, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 10.29 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About New Town
With an average age of 49, households expect an average monthly mortgage payment of $2,028 or a weekly rent payment of $330. The average family earns a weekly income of $2,291 with a typical household size of 2.3 and a 90.39% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in New Town ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in New Town classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in New Town requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Peppermint Bay Cruises
MONA ferry
Hobart City (Brooke St) Ferry Terminal
Bellerive Village Ferry Terminal
Bruny Island Ferry - Kettering
Roberts Point Ferry Terminal
Tasmanian Transport Museum
Hobart Cruise Ship Terminal
General Points of Interest
Clare Street Sports Ground
Abel Tasman Fountain
Cat and Fiddle Arcade
Kangaroo Bluff Historic Site
Clarence Sports Centre
Clarence Swimming Pool
Tasmanian Hockey Centre
North Hobart Cricket Club
Canadian exiles of 1840
Doone Kennedy Hobart Aquatic Centre
Population
(Country of Birth not stated 9%)
Are people healthy?
There are a recorded 732 asthma sufferers and 197 people living with diabetes. In addition, 238 people have a heart/vascular condition and 561 people live with three or more chronic diseases.A good place to invest in property?
New Town a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
Income
79 / 100
41 / 100
Industry
71 / 100
40 / 100
Population
59 / 100
40 / 100
House Prices
77 / 100
65 / 100
Jobs
57 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsNew Town Primary School
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Immaculate Heart of Mary Catholic School
Lenah Valley, TAS, 7008 Independent Prep-6 -
Lenah Valley Primary School
Lenah Valley, TAS, 7008 State K-6 -
The Friends' School
North Hobart, TAS, 7000 Independent Prep-12 -
New Town Primary School
New Town, TAS, 7008 State K-6 -
Ogilvie High School
New Town, TAS, 7008 State 7-12 -
Sacred Heart College
New Town, TAS, 7008 Independent Prep-10 -
Bowen Road Primary School
Moonah, TAS, 7009 State K-6 -
Campbell Street Primary School
North Hobart, TAS, 7000 State K-6 -
Hilliard Christian School
West Moonah, TAS, 7009 Independent Prep-10
Property Story
15 Bay Road, New Town, Tas, 7008 is a residential property . The estimated distance to the sea is 10.29km and 0.52KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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