1/107 Montagu Street, New Town TAS 7008
1 beds
1 baths
1 cars
Spachus Insights
View New Town market
Price position
Below suburb median
37.9% below the current suburb median listing price.
Buyer negotiation signal
Balanced
Median listing and sold prices are currently aligned.
Selling pace
Sold much slower than typical
23 days typical · Sold in 52 days (126% longer).
Property details
Low-maintenance investment in a prime position
Positioned within the highly sought-after suburb of New Town this well-maintained one-bedroom unit presents an outstanding opportunity for investors seeking immediate income and long-term growth. Currently tenanted until early November 2026 for $380per week the property offers a secure and hassle-free addition to any portfolio with reliable returns from day one.
1Bedrooms
1Bathrooms
1Car spaces
ApartmentProperty type
55 m²Land
New Town market
Full suburb reportMedian listing$700,000
Median sold$700,000
Typical selling time23 days
Tracked sold properties32
Property Overview
1/107 Montagu Street, New Town TAS 7008 is an apartment. It has 1 bedroom, 1 bathroom and 1 car space. The property sold for $416,000 on 18 May 2026 by private treaty after 52 days on the market. In New Town, the median listing price is $700,000 and the median sold price is $700,000. This sale was $284,000 (40.6%) below the New Town median sold price. Properties in New Town typically sell in around 23 days based on Spachus tracked sales data. It took 29 days longer to sell than the New Town typical selling time.
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