Back 34 Oldham Ave
Off Market

34 Oldham Ave

New Town TAS 7008

2
1
2
93 m²
683 m²
House
Last sold for $700,000
Jake TownsJake Towns, last sold this property on 13 May 2026 after 36 days on market.

Overview

Prime Position, Endless Potential

Set in a highly sought after pocket of New Town, this is the kind of property that investors and developers are always watching for. Positioned on a generous parcel, the home offers immediate liveability with clear potential to further enhance, extend, or explore development opportunities (STCA). The existing home has a simple, functional layout with good proportions throughout. A spacious living and dining area sits at the heart of the home, flowing through to a practical kitchen with pantry. Two well sized bedrooms, a central bathroom with separate WC, and a light filled sunroom add to the overall flexibility. Underneath, there is substantial under house storage, providing further scope for future use or improvement. Currently tenanted until January 2027, the property offers immediate rental income and peace of mind for investors. The existing tenant is keen to remain in place and has been maintaining the home to a high standard, making this a straightforward, set and forget investment from day one. What truly sets this property apart is the combination of land size and location. Just moments from shops, schools, transport, and the Hobart CBD, this is a proven position that continues to see strong demand. Whether you are looking to secure a solid investment, renovate over time, or unlock the development potential, this is an opportunity to buy in a premium area and capitalise on it moving forward. There is also the added advantage of an existing DA permit in place, along with full engineering drawings for four townhouses. This provides a significant head start for those looking to develop, with the option to utilise all or part of the approved plans, subject to your own requirements and timelines. • Parcel with development potential, STCA • Prime New Town location close to CBD, shops, and schools • Solid home with immediate rental or holding income • Spacious living and dining area with great natural light • Functional kitchen with pantry and practical layout • Two well sized bedrooms with good proportions • Sunroom providing additional living or workspace • Separate bathroom and WC for everyday convenience • Extensive under house storage with future potential • Ideal for investors, developers, or long term land banking Year Built: 1940 Construction: Weatherboard Annual Water Rates: $1,189 approx. Annual Council Rates: $2,688 approx.

Features

2 bedrooms
1 bathroom
2 carspaces
2 open car spaces
93 m² floor area
683 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in New Town over the last 12 months, the estimated median property value of 34 Oldham Ave is $687.5k.

Median value
$687.5k
Estimated value range
$640k - $860k
Median days on market
22
Estimated value trend
-4%
decrease 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 34 Oldham Ave

2026
Sold
$700,000
13 May 2026 by Jake Towns, of Petrusma Property - Hobart/ Sandy Bay
2025
Rented
Undisclosed
Leased on 23 Dec 2025 by Nest Property - Hobart
2024
Rented
Undisclosed
Leased on 08 Aug 2024 by Nest Property - 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 2 bedroom houses in New Town

In the last 12 months, 7 two-bedroom houses similar to 34 Oldham Ave, have been sold.

This represents a 12% increase in two-bedroom houses sales when compared to the previous 12 months.

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