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15 Mercer Street,
New Town TAS 7008

This property is Off Market

All about New Town Homes for sale in New Town

The Average property price in this area is $484,051, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 11.20 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

LJ Hooker UNIT 8, 1 BROMBY ST, Offers Over $495,000 2 Beds - 1 Baths - 1 Parking Within 0.0 km Harcourts UNIT 1, 217 NEW TOWN RD, $1.5M - $1.7M 4 Beds - 2 Baths - 2 Parking Within 0.3 km Harcourts UNIT 1, 25 FORSTER ST, Expressions of Interest 7 Beds - 2 Baths - 4 Parking Within 0.6 km Ray White 48 PIRIE ST, 720000 2 Beds - 1 Baths - 2 Parking Within 0.8 km Elders 15 BAY RD, Offers over $1,590,000 4 Beds - 2 Baths - 3 Parking Within 1.0 km PRD 26 TABART ST, Buyer enquiry range - $420,000 - $460,000 Beds - Baths - Parking Within 1.0 km Elders 20A SWANSTON ST, Offers over $2,250,000 4 Beds - 2 Baths - 4 Parking Within 1.3 km

Recently Sold Properties in this Area

About New Town

With an average age of 40, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $350. The average family earns a weekly income of $1,988 with a typical household size of 2.3 and a 92.43% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in New Town ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in New Town classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in New Town requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

Peppermint Bay Cruises ship

MONA ferry ship

Hobart City (Brooke St) Ferry Terminal ship

Bellerive Village Ferry Terminal ship

Bruny Island Ferry - Kettering ship

Roberts Point Ferry Terminal train

Tasmanian Transport Museum ship

Hobart Cruise Ship Terminal

General Points of Interest

Clare Street Sports Ground monument

Abel Tasman Fountain shopping

Cat and Fiddle Arcade

Kangaroo Bluff Historic Site sport

Clarence Sports Centre

Clarence Swimming Pool sport

Tasmanian Hockey Centre sport

North Hobart Cricket Club monument

Canadian exiles of 1840 swimming

Doone Kennedy Hobart Aquatic Centre

Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 732 asthma sufferers and 197 people living with diabetes. In addition, 238 people have a heart/vascular condition and 561 people live with three or more chronic diseases.

A good place to invest in property?

New Town a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Tasmania State average 45 / 100

Income

79 / 100

41 / 100

Industry

71 / 100

40 / 100

Population

59 / 100

40 / 100

House Prices

77 / 100

65 / 100

Jobs

57 / 100

38 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Bowen Road Primary School
Hilliard Christian School
West Moonah, TAS, 7009 Independent Prep-10
Bowen Road Primary School
Moonah, TAS, 7009 State K-6
New Town Primary School
New Town, TAS, 7008 State K-6
Sacred Heart College
New Town, TAS, 7008 Independent Prep-10
Lenah Valley Primary School
Lenah Valley, TAS, 7008 State K-6
Ogilvie High School
New Town, TAS, 7008 State 7-12
St Therese's Catholic School
Moonah, TAS, 7009 Independent Prep-6
New Town High School
New Town, TAS, 7008 State 7-11

Property Story

15 Mercer Street, New Town, Tas, 7008 is a residential property with 3 bedrooms, 2 bathrooms and 0 Parking spaces. The estimated distance to the sea is 11.2km and at least 1.46KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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