Back 1/107 Montagu St
Off Market

1/107 Montagu St

New Town TAS 7008

1
1
1
55 m²
55 m²
Unit
Last sold for $416,000
Daniel ten BroekeDaniel ten Broeke, last sold this property on 17 May 2026 after 51 days on market.

Overview

Affordable home or investment in blue chip location

Positioned within the highly sought-after suburb of New Town, this well-maintained one-bedroom unit presents an outstanding opportunity for first home buyers and investors alike. Currently tenanted until July 2026 for $380per week, the property offers a secure and hassle-free addition to any portfolio, with reliable returns from day one. The home features a light-filled open plan living and kitchen area, designed for practical everyday living. Electric heating ensures comfort throughout the cooler months, while the layout maximises both space and functionality. A personal balcony extends from the living zone, providing a pleasant outdoor space to unwind. Accommodation comprises a generously sized bedroom complete with built-in robes and shelving space, serviced by a combined bathroom, laundry and toilet. Positioned on the top floor of a quiet complex, the property enjoys a sunny aspect and low-maintenance appeal. Set just minutes from New Town Plaza, local schools, public transport and everyday amenities, and approximately 10 minutes from the Hobart CBD, the location continues to support strong long-term value and consistent appeal. A smart, low-maintenance investment with secure income already in place, this is an ideal opportunity for both seasoned investors and those looking to enter the market with confidence. • Well-maintained one-bedroom unit ideal for investment • Tenanted until 20 July 2026 at $380 per week • Secure, hassle-free income from day one • Light-filled open plan living and kitchen area • Electric heating for comfort in the cooler months • Personal balcony extending from the living zone • Generous bedroom with built-in robes and shelving • Combined bathroom, laundry and toilet • Top floor position within a quiet complex • Sunny aspect with low-maintenance appeal • Minutes to New Town Plaza, schools and public transport • Approximately 10 minutes to Hobart CBD • Ideal for both seasoned investors and those entering the market • Council rates approx. $1,380pa • Water rates approx. $ 1,200pa • Body Corporate $2,600pa

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
55 m² floor area
55 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in New Town over the last 12 months, the estimated median property value of 1/107 Montagu St is $382.5k.

Median value
$382.5k
Estimated value range
$328k - $416k
Median days on market
29
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in New Town. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/107 Montagu St

2026
Sold
$416,000
17 May 2026 by Daniel ten Broeke, of Petrusma Property - Hobart/ Sandy Bay
2025
Rented
Undisclosed
Leased on 03 Nov 2025 by PRD Montrose Hobart
2025
Rented
Undisclosed
Leased on 02 Nov 2025 by PRD Hobart

Happy sellers in New Town

88%
88% of sellers in New Town reported that their sale price either exceeded or met their price expectations.

New Town stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in New Town over the last 12 months.

Local market activity for 1 bedroom units in New Town

In the last 12 months, 7 one-bedroom units similar to 1/107 Montagu St, have been sold.

This represents a 40% decrease in one-bedroom units sales when compared to the previous 12 months.

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