About 119 New Town Road New Town TAS 7008
119 New Town Road is a 17 lot apartment building in New Town. It is located within the Hobart region and falls under Hobart council.
Apartments at 119 New Town Road currently show a median estimated value of $726,835 and a median weekly rent of $695, compared with New Town medians of $391,500 and $490 per week.
Valuation Performance vs. New Town (7008)
Based on data we have available for this building and other apartment buildings in the area, the median unit value for 119 New Town Road is $727k, with a median rent of $695/wk and a median gross yield of 4.97%.
| Metric | 119 New Town Road New Town TAS 7008 | Suburb median | Suburb ranking |
|---|---|---|---|
| 1,2,3 Bedroom medians | Premium | Premium | Premium |
| Capital growth trends | Premium | Premium | Premium |
| Turnover analysis | Premium | Premium | Premium |
| Location risk | Premium | Premium | Premium |
AVM data is based on aggregated unit sales and rental activity. Estimates are modelled values - not formal valuations. Use as a guide only. Data updated January 2026.
Recent Sales & Rental Listings
| Sales | |
|---|---|
| Premium | Premium |
| Rentals | |
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| Premium | Premium |
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Building Location
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From the Roost blog
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