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7/5 Marsh Street, New Town TAS 7008

Offers Over $395,000

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$395k - $415k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 1 Bed 1 Bath 1 Car 72 m² 58 m²

Listed: 21 days ago

Overview

Situated in the elevated and much sought-after suburb of New Town, this updated one-bedroom unit offers a blend of comfort, convenience, and ease of maintenance ideally suited for first-home buyers, investors, or those seeking a low-maintenance lifestyle close to key amenities.

The property enjoys a peaceful setting within a quiet cul-de-sac, yet remains well connected to Hobart CBD, prominent shopping precincts including New Town and Moonah, essential healthcare facilities, schools, and various sporting venues. Its first-floor position maximises sun exposure and provides pleasant, expansive views across the suburb from the elevated outlook.

Access to the unit is gained via a central communal stairway leading from a generously sized, grassed rear area, offering residents a welcoming outdoor space for recreation and relaxation. This enhances a community-friendly atmosphere and allows for outdoor enjoyment without high upkeep.

Inside, the home has been thoughtfully updated with contemporary finishes that create a fresh and inviting ambiance. The open-plan living and dining area benefits from excellent natural light throughout the day, complemented by a modern kitchen featuring ample storage, benchtop space, and a breakfast bar that encourages casual interaction between cooking and living areas.

The bedroom is generously proportioned and fitted with built-in robes, ensuring practical storage solutions. It adjoins a modern bathroom equipped with a separate shower and conveniently incorporates European laundry facilities, all laid out to maximise functionality within the unit's footprint. The overall floorplan dimensions compare favourably against many one-bedroom units available locally, offering a sense of spaciousness.

Additional features such as electric heating and a dedicated off-street parking space add to the property's appeal, presenting a comfortable, convenient, and low-maintenance home environment.

This property represents a sound investment or an entry point into the property market in a desirable location. Its combination of location, outlook, and contemporary living spaces makes it a property worth considering for a range of buyers seeking quality, practical living in New Town.

Local Market Insights

In New Town, Quiet Listings observed 4 new units entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $503,500. The property type mix of listed properties is predominantly Houses at 48%, followed by units (16%), and land (16%). The most active agency for units in the New Town area is currently Fall Real Estate, representing 25% of new listings, followed by EIS Property with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.