Back 5/33 Tower Rd
Off Market

5/33 Tower Rd

New Town TAS 7008

1
1
2
73 m²
84 m²
Unit
Last sold for $460,000
Barry WheelerBarry Wheeler, last sold this property on 28 May 2026 after 321 days on market.

Overview

4.9%+ Gross return

The right property. The right location. And a future that feels simple, smart, and sorted. This? Is that moment. Set on the second level of a secure, low-maintenance complex in ever-popular New Town, this north-facing one-bedder is the kind of property that speaks to both the heart and the head. Inside, sunlight spills into a surprisingly spacious living area, while the bedroom offers built-ins and breathing room. The bathroom? Tidy, no-nonsense, and exactly where you need it. This well-equipped complex also features an elevator for easy access, a ground-floor bike room with direct entry to the bike track, a communal viewing deck perfect for catching some sunshine or a quiet moment, and a versatile recreation room available for resident use. There's a designated car space downstairs, but honestly, you're walking distance to Calvary Hospital, the North Hobart dining strip, public transport, and green space. Whether you're a first-home buyer who values lifestyle, a downsizer looking to simplify, or an investor chasing set-and-forget returns, this one has broad appeal and zero stress. Currently tenanted on a casual lease and returning $450 per week, with low body corporate fees and high demand in a blue-chip suburb. So go on, Think it. Know it. Own it.

Features

1 bedroom
1 bathroom
2 carspaces
2 open car spaces
73 m² floor area
84 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 5/33 Tower Rd is $405k.

Median value
$405k
Estimated value range
$350k - $460k
Median days on market
34
Estimated value trend
20%
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 5/33 Tower Rd

2026
Sold
$460,000
28 May 2026 by Barry Wheeler, of PRD Hobart
2023
Rented
Undisclosed
Leased on 17 Sep 2023 by Fall Real Estate - North Hobart
2018
Rented
Undisclosed
Leased on 28 Jan 2018 by Raine & Horne 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 27 reviews in New Town over the last 12 months.

Local market activity for 1 bedroom units in New Town

In the last 12 months, 8 one-bedroom units similar to 5/33 Tower Rd, have been sold.

This represents a 125% decrease in one-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in New Town

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent