Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

287 Park Street, New Town TAS 7008

$600,000 - $645,000

Search Band Search Visibility Band

$600k - $650k High Confidence Calculated based on strong search observations.

House 2 Beds 1 Bath 1 Car 252 m² 85 m²

Listed: 16 days ago

Updated: 12 hours ago

Overview

This charming red brick cottage located in one of Hobart's most sought-after inner-city suburbs offers a unique blend of classic character and modern practicality, appealing particularly to investors seeking reliable rental returns and ease of ownership.

Built circa 1916 on sturdy sandstone foundations, the freehold property benefits from no strata or body corporate fees, enhancing its appeal as a low-cost investment. Recently refreshed throughout, it features new paint, flooring, and custom joinery, alongside a modernised electrical switchboard, reflecting a thoughtful update that balances heritage elements with contemporary standards.

Inside, the flexible layout includes two well-proportioned bedrooms complemented by a spacious living area and an additional sunny room, ideal for a home office or creative space. The recently renovated bathroom boasts a level-floor walk-in shower, embracing accessibility and modern comfort, broadening the appeal across a diverse tenant demographic.

Energy efficiency and comfort are priorities here, with LED lighting and multiple reverse-cycle air-conditioners ensuring a climate-controlled environment throughout the year while keeping ongoing costs manageable.

Convenient off-street parking for one vehicle with scope for additional parking in the large backyard, offering practicality for residents or tenants.
Two versatile outdoor utility spaces include a rear workshop with a toilet and a front lined shed suitable for use as a studio or storage.
The low-maintenance yard and garden allow for easy upkeep, freeing up time for other pursuits.
Situated within easy reach of public transport links directly at the front door and positioned in the Hobart City hire-and-ride e-scooter zone, providing efficient connectivity.
Close proximity to the vibrant amenities of North Hobart ensures convenience and lifestyle benefits.

This is a well-positioned property delivering a blend of heritage charm and practical upgrades, suited for those seeking a solid and versatile investment within a well-established community.

Local Market Insights

In New Town, Quiet Listings observed 12 new houses entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $882,417. The property type mix of listed properties is predominantly Houses at 48%, followed by units (16%), and land (16%). The most active agency for houses in the New Town area is currently EIS Property, representing 33% 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.