New Town
Property profile for New Town, Hobart. Median prices and property calculators.
Median Prices
Median House Price
$780,000
Approximate median for New Town, Hobart
Median Unit Price
$450,000
Approximate median for New Town, Hobart
Compare Hobart Suburbs
| Suburb | Median House | Median Unit | View |
|---|---|---|---|
| New Town (this suburb) | $780,000 | $450,000 | |
| Battery Point | $1,350,000 | $650,000 | View → |
| Sandy Bay | $1,100,000 | $520,000 | View → |
| North Hobart | $850,000 | $480,000 | View → |
| Bellerive | $800,000 | $500,000 | View → |
Calculate Your Costs
Stamp Duty Calculator
Estimate stamp duty on a $780,000 property in Tasmania
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Estimate Total Costs →Estimated Costs at Median Price
Estimated Stamp Duty
$32,900
On median house price of $780,000
Estimated Monthly Mortgage
$3,822
80% LVR, 6.2% rate, 30yr P&I
Estimated Deposit Needed
$156,000
20% of median house price
Estimates are approximate and based on the median house price. Use our calculators for exact figures.
About New Town
New Town is a well-established suburb located approximately three kilometres north of Hobart's CBD, known for its heritage streetscapes, community character, and proximity to the Royal Tasmanian Botanical Gardens. The suburb features some of Hobart's finest examples of Victorian and Edwardian residential architecture, with grand homes, workers' cottages, and period terraces set along tree-lined streets that create a distinctly historic atmosphere. Property also includes renovated homes, some modern infill, and units near the main road. New Town Road serves as the commercial spine, offering a mix of local shops, cafés, restaurants, specialty stores, and essential services that give the suburb a village feel. The Royal Tasmanian Botanical Gardens, situated on the suburb's eastern edge within the Queens Domain, is one of Australia's finest botanical gardens and a popular spot for walking, picnics, and seasonal events. New Town also borders the Queens Domain bushland reserve, providing additional walking trails and native vegetation. Transport includes regular Metro bus services along New Town Road to the CBD, plus cycling paths through the Domain. The suburb is home to well-regarded schools including The Friends' School, New Town Primary, and New Town High School. New Town appeals to families seeking established homes with character in a walkable neighbourhood, professionals who enjoy a short commute to the CBD, history enthusiasts who appreciate the heritage architecture, and investors drawn by reliable rental demand in a sought-after inner suburb.