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3-16B Stoke Street, New Town TAS 7008

$395,000

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

Apartment 1 Bed 1 Bath 56 m²

Listed: 17 days ago

Updated: 6 hours ago

Overview

Positioned on one of New Town's most prestigious streets, this spacious one-bedroom, one-bathroom apartment offers an exceptional combination of comfort, convenience, and easy-care living. Ideal for first-home buyers, downsizers, or investors, the apartment presents a reliable investment opportunity with a focus on long-term value.

Just a short five-minute journey from Hobart's CBD, the location ensures effortless access to essential amenities including New Town Plaza, The Friends’ School, North Hobart Oval, and the vibrant North Hobart strip. These nearby attractions enhance lifestyle options, from shopping and schooling to recreational pursuits.

The apartment is situated on the lower level, benefiting from double-glazed windows and reverse-cycle air conditioning, providing year-round comfort and energy efficiency. A single car space accompanied by additional visitor parking offers practical convenience for residents and guests alike. Distinctively, a generous storage area underneath the property adds valuable extra space, a feature seldom found in comparable apartments.

This property is tailored for those who value a balanced lifestyle that combines location, functionality, and low maintenance. Its attributes make it suitable for a range of buyers, particularly those seeking secure, manageable living in a blue-chip suburb.

Local Market Insights

In New Town, Quiet Listings observed 3 new apartments entering the market over the last 30 days, with an average advertised asking price of $870,000. The property type mix of listed properties is predominantly Houses at 48%, followed by units (16%), and land (16%). The most active agency for apartments in the New Town area is currently EIS Property, representing 67% of new listings, followed by Petrusma Property – Sandy Bay with 33%. 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.