287 Park Street, New Town TAS 7008
2 beds
1 baths
1 cars
Spachus Insights
View New Town market
Price position
Below suburb median
7.1% below the current suburb median listing price.
Buyer negotiation signal
Balanced
Median listing and sold prices are currently aligned.
Selling pace
Slower than typical
23 days typical · Property listed 266 days (1,057% longer).
Property details
Renovated & Investor Ready
This classic red brick New Town cottage set on sandstone foundations presents a compelling investment opportunity in one of Hobarts most tightly held inner-city suburbs.
2Bedrooms
1Bathrooms
1Car spaces
HouseProperty type
252 m²Land
New Town market
Full suburb reportMedian listing$700,000
Median sold$700,000
Typical selling time23 days
Tracked sold properties32
Spachus Property Estimate
$745,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
-$95,000
12.8% below the Spachus estimate
Property Overview
287 Park Street, New Town TAS 7008 is a house. It has 2 bedrooms, 1 bathroom and 1 car space. It is currently listed at $650,000. It has been on the market for 266 days. In New Town, the median listing price is $700,000 and the median sold price is $700,000. Its current asking price is $50,000 (7.1%) below the New Town median listing price. Properties in New Town typically sell in around 23 days based on Spachus tracked sales data. It has currently been on the market 243 days longer than the New Town typical selling time.
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