New Town TAS Property Investment

Hobart · 7008

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Median House Price

$903K

As of 7 Nov 2026.

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

$465K

As of 7 Nov 2026.

Population (Census 2021)

6,781

New Town Short-Term Rental Market

Short-stay estimate: run a brief

Past price growth

Median house sale price growth, Greater Hobart (not New Town): 3.5% a year, Jun qtr 2021 to Jun qtr 2026. Source: Australian Bureau of Statistics, Total Value of Dwellings, June Quarter 2026. CC BY 4.0. Growth calculated by Estait. Past growth doesn't predict future prices.

New dwellings approved

New dwellings approved, Hobart council area, 12 months to Aug 2026: 164. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just New Town.

Suburb Metric Thresholds

2 green5 yellow0 red

Population growth 2016–21, postcode 7008 (ABS Census)

1.97 high impact

Median Household Income

1750 medium impact

Public Transport Score

8.1 medium impact

School Zone Quality

6.7 medium impact

Distance to CBD

3.08 medium impact

SEIFA Advantage/Disadvantage

6 medium impact

Owner Occupier Rate

64.4 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 7008

Most disadvantagedLeast disadvantaged

Decile 7 of 10 — Average

Population (suburb)

6,781

Education (IEO)

9/10

Econ. Resources (IER)

3/10

Crime & Safety

No official crime data for this area

Schools

In your catchment

New Town Primary School

PrimaryGovernment

6.9/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.