TAS · 7008

New Town

Suburb profile, market snapshot and recent listings for New Town, TAS 7008.

New Town, TAS 7008

About New Town

Welcome to New Town

New Town sits about four kilometres north of the Hobart CBD, tucked between the Derwent River flats and the lower slopes leading up towards Lenah Valley. It's one of Hobart's older suburbs, and it wears that history well, with a streetscape of Victorian and Federation cottages, sandstone walls and mature street trees that give the area a settled, leafy character quite different from the newer fringe suburbs.

These days New Town suits a broad mix of residents: young professionals after a short commute, families drawn to the local schools, and downsizers who like the idea of a low-maintenance unit close to everything. With Lutana, Moonah, West Moonah, Lenah Valley and Derwent Park all close by, it's a well-connected pocket of northern Hobart that manages to feel both central and residential.

Lifestyle & dining

New Town's main strip, along New Town Road, has a good scattering of cafes, bakeries and everyday eateries that give the suburb a genuine local feel rather than a manufactured cafe-strip vibe. It's the kind of place where you can pick up a coffee and the paper without having to drive into town, and residents often spill over into neighbouring Moonah for a wider choice of restaurants and grocers.

The suburb's age profile, with a median age of 38, points to a community with plenty of working households and young families, and that's reflected in a steady weekend rhythm of local sport, school pick-ups and people out walking dogs along the quieter side streets.

Schools & families

Education is one of New Town's strong suits. Sacred Heart College and New Town Primary School are both well-established local options, and the Hobart City High School Sub-Campus and BlendED National add further choice for older students, including more flexible or alternative learning pathways. For families, having this range of schools within the suburb itself, rather than needing to travel into the city, is a genuine drawcard.

Parks & recreation

The suburb backs onto the green slopes rising towards Lenah Valley, giving residents easy access to bushland walking tracks without leaving the area, while the Queens Domain and the Derwent foreshore are both a short drive or ride away for river views, cycling paths and open parkland. Locally, New Town has several smaller reserves and ovals that host junior sport and casual weekend recreation, keeping the suburb feeling green despite its proximity to the city.

Getting around

New Town's location four kilometres from the CBD makes it an easy commute by car, bus or bike, with New Town Road and the Brooker Highway both providing quick routes into central Hobart. Regular bus services run along the main road corridor, linking New Town with Moonah, Derwent Park and the city centre, which makes it a practical base for anyone working in town but wanting a bit more space and character than the inner city offers.

The property market

New Town's housing stock reflects its age and history, with houses making up 54% of current listings, apartments and units 37%, and townhouses the remaining 9%, giving buyers a genuine choice between period homes and lower-maintenance options. The median house price sits at $833k, while units are considerably more affordable at a median of $453k, making New Town a suburb where entry points vary widely depending on dwelling type.

Recent figures show house prices have eased slightly, down 2.6%, which may present an opening for buyers who've been priced out during the stronger years of Hobart's market. Median rent across the suburb sits at $670 a week, reflecting solid ongoing demand from tenants drawn to the location, schools and character housing, even as the sales market cools a little.

Market snapshot

New Town property market

Median price ranks #2,037 of 3,797 suburbs · pricier than 46%
Type
Bedrooms

Median sale price

$833k

House · 3 bed

Median rent

$670

per week

Gross rental yield

4.2%

annual rent ÷ sale price

Typical price range

Entry

$630k

Median

$833k

Premium

$1.19m

Days on market

32

Auction clearance

0%

Sold this year

41

Median sold price trend · House 3 bed

Compound growth -3.5% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in New Town by dwelling type.

House57%
Apartment / Unit35%
Townhouse8%

Who lives here

Demographics

ABS Census 2021 figures for New Town, TAS 7008.

Population

6,781

residents (2021)

Median age

38

years

Household income

$1,596

median, per week

Median rent

$340

per week

Median mortgage

$1,771

per month

Mortgage / income

26%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in New Town

Government school catchment

New Town Primary School

K-6CoEdGovernment
Visit school website →

Hobart City High School Sub-Campus

Government

Independent & Catholic schools

Sacred Heart College

Prep-10CoEdCatholic
Visit school website →

BlendED National

Private

Recent results

Recently sold in New Town

$720k

6/12a Bellevue Parade

townhouse3 bd · 2 ba · 2 car

Sold ~July 2026

$416k

1/107 Montagu Street

apartment1 bd · 1 ba · 1 car

Sold ~July 2026

$480k

3/3 Lissadell Court

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$700k

34 Oldham Avenue

house2 bd · 1 ba · 2 car

Sold ~July 2026

$1.02m

65 Clare Street

house3 bd · 1 ba · 2 car

Sold ~July 2026

$752k

8 Bromby Street

house

Sold ~June 2026

$700k

2/47a Cross Street

apartment3 bd · 1 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in New Town

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Compare the area

Price map around New Town

Every listing for sale near New Town, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

CheaperPricier
New TownNearby suburbs

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Common questions

New Town suburb FAQ

What is the median property price in New Town?

The median house price in New Town, TAS is $833k for a 3-bedroom home. Over the past year, median sold prices have fallen about 2.6%.

How much is rent in New Town?

The median weekly rent in New Town is around $670 per week.

Is New Town a good place to live?

New Town is a suburb of the city of Hobart, Tasmania, Australia, about 4 kilometres (2 mi) north of the central business district of Hobart. New Town is an established residential suburb in TAS, with a population of around 6,781 and 4 schools in the area.

What is the population of New Town?

New Town has a population of 6,781 (ABS 2021 Census), with a median age of 38.

What schools are in New Town?

There are 4 schools in or near New Town, including Sacred Heart College, New Town Primary School and Hobart City High School Sub-Campus.

How long do homes take to sell in New Town?

Properties in New Town take around 32 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in New Town?

Entry-level properties in New Town start around $630k, while premium homes reach $1.19m.

What suburbs are near New Town?

Suburbs near New Town include Lutana, Moonah, West Moonah, Lenah Valley and Derwent Park.

Available now

Properties in New Town

View all listings →
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For Sale
$1.15m
house

Timeless character, dodern luxury, exceptional space

8 Roope Street, New Town TAS 7008
312427 m²
Ripple Realty2 weeks ago
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For Sale
$1.50m
apartment

Versatile commercial and residential opportunity in prime position

59-59a New Town Road, New Town TAS 7008
321354 m²
Peterswald3 months ago
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NewFor Sale
$775,000
house

Charming, Light-Filled & Lovingly Maintained

10 Girvan Avenue, New Town TAS 7008
312483 m²
EIS PropertyYesterday
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NewFor Sale
$850,000
house

Timeless character, thoughtfully updated and exceptional family appeal

15 Burnside Avenue, New Town TAS 7008
314723 m²
PeterswaldYesterday
Ask AI about this property
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For Sale
$795,000
house

A piece of New Town history

2 Marsh Street, New Town TAS 7008
411701 m²
Ripple Realty1 week ago
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For Sale
$1.40m
house

'Norfolk' 1925 Character Home

173 New Town Road, New Town TAS 7008
534919 m²
Fall Real Estate Hobart3 months ago
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For Sale
$535,000
apartment

Boutique Apartment with Sweeping Views

1/292 Park Street, New Town TAS 7008
21198 m²
Petrusma Property Sandy Bay3 months ago
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For Sale
$995,000
house

Spacious, Stylish & Superbly Located - The Perfect New Town Lifestyle

74 Carlton Street, New Town TAS 7008
322556 m²
Fall Real Estate Hobart3 months ago
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For Sale
$2.25m
house

"LANDPORT'

39 Bishop Street, New Town TAS 7008
5231500 m²
Abercrombys Real Estate Tasmania3 months ago
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For Sale
$385,000
apartment

3km to Hobart CBD

2/38 Oldham Avenue, New Town TAS 7008
11170 m²
Elders Real Estate Hobart3 months ago
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For Sale
$650,000
house

Prime development site | Renovated & Investor Ready

287 Park Street, New Town TAS 7008
211252 m²
Petrusma Property Sandy Bay3 months ago
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For Sale
$1.95m
house

Mayfield A landmark estate of rare distinction

9 Stoke Street, New Town TAS 7008
6451747 m²
Peterswald3 months ago
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