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Asking Price
$795,000
On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This 4-bedroom house at 2 Marsh Street in New Town, TAS 7008 is on the market at $795K, with 1 bathroom and parking for 1. It offers a 701 m2 block and 189 m2 of internal living space. The house was built in 1870. New Town sits about 3.1 km from the CBD, where the median house price is $890K. 42 schools sit within about 5km, and the area scores 77 for walkability and 73 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $795,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
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New Town at a glance
House market signals | TAS 7008
Median
$890K
Market signals
To CBD
3 km
Est. Valuation
$858,398
Potential Sell Price
Est. Rent/wk
$728
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $795,000
- Stamp Duty (Tasmania)
- $30,960
- Transfer/Registration Fee
- $300
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $828,960
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 7008
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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