Back 2/38 Oldham Ave
Off Market

2/38 Oldham Ave

New Town TAS 7008

1
1
1
58 m²
70 m²
Unit
Last sold for $355,000
Jodi HanssonJodi Hansson, last sold this property on 25 August 2026 after 151 days on market.

Overview

3km to Hobart CBD

Positioned for convenience and long-term investment security, this solidly constructed ground floor unit presents an outstanding opportunity for investors seeking a low-maintenance asset in a highly accessible location. Built in 1972 from durable masonry brick, the property is one of just five units in a well-maintained complex, offering a sense of privacy and stability. The home features level access and a functional floorplan comprising a neat, well-presented kitchen, comfortable living area, a queen-sized bedroom with built-in robe, and a combined bathroom and laundry. Adding further appeal, the property includes a designated off-street car space and a separate storage room on title, providing practical everyday convenience. An active body corporate is in place to oversee the management and upkeep of the building and common grounds, ensuring the complex remains well presented. Currently tenanted at $385 per week until February 2027, the property offers immediate rental income and long-term tenancy security. Please note, vacant possession is not available prior to the end of the lease. Ideally located just minutes from the intercity cycleway, local hockey grounds, and the popular foreshore of Cornelian Bay, and only approximately 3km from the Hobart CBD, this is a prime position that continues to attract strong tenant demand. A smart addition to any investment portfolio, combining solid construction, a tightly held complex, and an exceptionally convenient location. Inspection by appointment, call today.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
58 m² floor area
70 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 2/38 Oldham Ave is $405k.

Median value
$405k
Estimated value range
$350k - $460k
Median days on market
43
Estimated value trend
14%
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 2/38 Oldham Ave

2026
Sold
$355,000
25 Aug 2026 by Jodi Hansson, of Elders Tasmania
2026
Rented
Undisclosed
Leased on 01 Feb 2026 by Elders Tasmania
2022
Rented
Undisclosed
Leased on 18 Aug 2022 by Elders Tasmania

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 18 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 2/38 Oldham Ave, have been sold.

This represents a 15% increase in one-bedroom units sales when compared to the previous 12 months.

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