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5/33 Tower Road, New Town$425,000
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For Saleapartment

5/33 Tower Road

New Town, TAS 7008, Australia
$425,000
1 bed 1 bath 2 car84 m²

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About this property

The right property. The right location. And a future that feels simple, smart, and sorted. This? Is that moment. Set on the second level of a secure, low-maintenance complex in ever-popular New Town, this north-facing one-bedder is the kind of property that speaks to both the heart and the head. Inside, sunlight spills into a surprisingly spacious living area, while the bedroom offers built-ins and breathing room. The bathroom? Tidy, no-nonsense, and exactly where you need it. This well-equipped complex also features an elevator for easy access, a ground-floor bike room with direct entry to the bike track, a communal viewing deck perfect for catching some sunshine or a quiet moment, and a versatile recreation room available for resident use. There's a designated car space downstairs, but honestly, you're walking distance to Calvary Hospital, the North Hobart dining strip, public transport, and green space. Whether you're a first-home buyer who values lifestyle, a downsizer looking to simplify, or an investor chasing set-and-forget returns, this one has broad appeal and zero stress. Currently tenanted on a casual lease and returning $450 per week, with low body corporate fees and high demand in a blue-chip suburb. So go on, Think it. Know it. Own it.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
2
Land Area
84 m²
Listed
3 months ago

Repayment calculator

$2,060/month
$1,030 /fortnight
Loan $340,000 at 6.10% over 30 years

Upfront costs

Deposit$85,000
Stamp duty$15,060
Conveyancing (est.)$2,000
Total upfront$102,060
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in New Town

This 1-bedroom apartment in New Town, TAS 7008 sits within reach of public transport, local shops and nearby schools. It is listed 43% below the $745,000 median of 47 comparable apartmentswithin 5 km.

Schools near New Town

  • Sacred Heart Collegecombined · Prep-10 · CoEd
  • New Town Primary Schoolprimary · K-6 · CoEd
  • Hobart City High School Sub-Campussecondary
  • BlendED Nationalspecial

What's nearby

  • Risdon Rd past Wendover Pl (bus)296 m away
  • Coles430 m away
  • Apex Park655 m away
  • Station Street Park702 m away
  • Unnamed752 m away

New Town at a glance

Full suburb profile
Population
6,781
Median age
38
Household income
$1,596/wk
Median rent
$340/wk
Median mortgage
$1,771/mo

Source: ABS Census.

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Suburb market

Suburb price trend

New Town price trend

Median sold · Unit 1 bed

$390kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full New Town market

Within 5km

Nearby Properties

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