Your suburb, scored · Data as of Oct 2026

New Town, TAS

Postcode 7008, 7009 · Hobart council area · Greater Hobart · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 60 / 100 — ranked #6,187 of 15,286 suburbs this month

A mixed market — some indicators warm, others cooling

Conditions here are neither running hot nor cold. The detail below shows which indicators are doing the work.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$1,025,000

Up 12% over the past 12 months of settled sales.

Median weekly rent$680/wk

That's a gross yield of 3.5% at the current median price.

Vacancy rate1.2%

Anything under 1.5% means renters are competing for what little is available.

Is New Town a buy right now? Get our verdict + the 5 best streets

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Best Streets in New Town, TAS

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into New Town's streets below.

Other High-Scoring Suburbs in Hobart (TAS)

IndicatorNew Town ReadingContext & Benchmark
Ripehouse R-Score60 / 100Ranked #6,187 of 15,286 Australian suburbs (Oct 2026)
Median House Price$1,025,000+12% over the past 12 months of settled sales
Median Weekly Asking Rent$680/wkImplies a 3.5% gross rental yield at the current median price
Rental Vacancy Rate1.2%Tight rental supply (below the 1.5% equilibrium threshold)
Median Days on Market58 daysPart of Hobart (TAS) council area (LGA avg R-Score 72/100)

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New Town TAS FAQs

Frequently Asked Questions: Investing in New Town, TAS

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for New Town.

Is New Town TAS a good suburb for property investment in 2026?

As of Oct 2026, New Town (TAS 7008) scores 60/100 on the Ripehouse R-Score, ranking #6,187 out of 15,286 Australian suburbs. A mixed market — some indicators warm, others cooling. Key fundamentals include a median price of $1,025,000, median rent of $680/wk, gross yield of 3.5%, and vacancy of 1.2%.

What is the median house price and 12-month growth in New Town TAS?

The current median property price in New Town (TAS) is $1,025,000 (Oct 2026), representing a +12% change over the past 12 months. Properties in New Town currently spend a median of 58 days on market.

What is the rental yield and vacancy rate in New Town TAS?

In New Town (TAS), the median weekly asking rent is $680/wk, producing a gross rental yield of 3.5%. The suburb vacancy rate is 1.2% as of Oct 2026.

What are the best streets in New Town TAS?

Ripehouse Advisory scores every G-NAF street in New Town against the suburb average for owner-occupancy, public housing, rent, and yield. Use the New Town Street Score tool on this page to compare individual streets.

Which council area (LGA) is New Town TAS located in?

New Town (TAS, postcode 7008, 7009) is located in the Hobart council area (LGA) within Greater Hobart. Across Hobart, the council-wide average R-Score is 72/100 across 16 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.