New Town
Suburb profile, market snapshot and recent listings for 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 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.
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
Hobart City High School Sub-Campus
Independent & Catholic schools
BlendED National
Recent results
Recently sold in New Town
$720k
6/12a Bellevue Parade
Sold ~July 2026
$416k
1/107 Montagu Street
Sold ~July 2026
$480k
3/3 Lissadell Court
Sold ~July 2026
$700k
34 Oldham Avenue
Sold ~July 2026
$1.02m
65 Clare Street
Sold ~July 2026
$752k
8 Bromby Street
Sold ~June 2026
$700k
2/47a Cross Street
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
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.
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Nearby 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.
Fresh to market
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