Back 5/5 Marsh Street
Off Market

5/5 Marsh Street

New Town TAS 7008

2
1
1
62 m²
79 m²
Unit
Last sold for $365,000
Peter ChurchPeter Church, last sold this property on 22 May 2025 after 265 days on market.

Overview

Prime Location, ready for new owners or investors

Situated in the heart of New Town, this delightful 2-bedroom unit offers a cosy and convenient lifestyle. With a build area of 62m2, this well-maintained property, built in 1972, provides an excellent opportunity for Investors, first-time home buyers or those looking to downsize. The unit boasts an inviting atmosphere, perfect for creating a personal sanctuary. The open layout allows for easy living and entertaining, making it an ideal space to relax and enjoy. Located on Marsh Street, this residence benefits from its proximity to some of New Town's most appealing amenities. Enjoy easy access to local parks where you can unwind or take a leisurely stroll. The nearby shopping centres offer a variety of retail options and delightful cafes that bring the community together. For families, the area is home to reputable schools such as New Town High School and Sacred Heart College, ensuring quality education is within reach. Additionally, public transport options are conveniently close, making commuting a breeze. Don't miss out on this charming unit that combines comfort and convenience in one of New Town's sought-after locations. Opportunities like this are rare, so act quickly and secure your future in this vibrant suburb today! - Potential rental $390 - $440 per week - Council rates $1,428 pa approx. - Water rates $964 pa approx. - Body Corporate $1948 pa approx. - Off street parking - Built in robes - Underfloor heating in bathroom - Close proximity to New Town shopping precincts  - Ground floor unit

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
62 m² floor area
79 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in New Town over the last 12 months, the estimated median property value of 5/5 Marsh Street is $455.5k.

Median value
$455.5k
Estimated value range
$365k - $700k
Median days on market
24
Estimated value trend
0%
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 5/5 Marsh Street

2025
Sold
$365,000
22 May 2025 by Peter Church, of Petrusma Property - Hobart/ Sandy Bay
2022
Sold
Undisclosed
09 Aug 2022 by David Gunning, of EIS Property Hobart
2014
Sold
Undisclosed
Private Sale/Treaty on 01 Dec 2014 by Matt Carne, of Raine & Horne Eastern Shore

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 units in New Town

In the last 12 months, 11 two-bedroom units similar to 5/5 Marsh Street, have been sold.

This represents a 32% increase in two-bedroom units sales when compared to the previous 12 months.

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