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377 Park Street, New Town TAS 7008

$1.1 Million To $1.2 Million

Search Band Search Visibility Band

$1.1M - $1.2M High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 10 Cars

Listed: 6 days ago

Updated: 10 hours ago

Overview

This character brick home, dating back to around 1920, offers a unique blend of traditional charm and significant potential in the sought-after Newtown area, just a brief drive from Hobart's central business district. Its generously proportioned rooms and decorative architectural details, such as the hallway arch and ceiling features, provide an inviting atmosphere exuding original character.

Set on a sizable parcel, the property boasts a substantial backyard that opens opportunities for renovation, modernisation, or development subject to council approval. This space will particularly appeal to buyers looking to add value or tailor the home to their tastes.

Outdoor amenities enhance the functionality of the property, featuring two separate garages—one equipped with a workshop and mechanic's pit—alongside ample off-street parking for several vehicles. Additional under-house storage areas, including a cellar room with potential for conversion into a wine cellar or games room, add practical flexibility.

The internal layout supports comfortable family living, with three bedrooms, a separate lounge, and a combined kitchen and dining area. The presence of a family bathroom with an additional toilet underscores the home's suitability for families or those valuing extra convenience.

Proximity to shopping, dining, educational institutions, and everyday conveniences complements the location's desirability. For renovators, investors, or buyers seeking a property with character, space, and scope to create something truly unique, this home presents an appealing opportunity within Newtown's continuously popular precinct.

Local Market Insights

In New Town, Quiet Listings observed 18 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 $915,500. The property type mix of listed properties is predominantly Houses at 56%, followed by land (16%), and units (9%). The most active agency for houses in the New Town area is currently EIS Property, representing 28% of new listings, followed by Petrusma Property – Sandy Bay with 22%. 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.