City of Glenorchy
New Town
New Town at a glance
Median house
$882,500
Median unit
$457,500
Walk score
16
Very car dependent
Population
13.2k
Median age 38
The brief
What to know about New Town.
New Town (7008) sits in the Glenorchy region of Tasmania. The median house here is $882,500, above the Tasmania median of around $650K.
New Town has roughly 13,210 residents, with a typical family-age mix. Households are dominated by renters. Daily life is car-dependent: most residents drive to work, school and the shops.
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Day to day
What it’s like to live here.
New Town scores 16/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 22°C (mild), winter mornings around 5°C (cool). Annual rainfall lands at about 586mm. Data comes from the Bureau of Meteorology's Hobart (Ellerslie Road) station, 6.7km away.
Schooling within or near the suburb covers 10 government primary, 3 government secondary, 4 Catholic, 3 independent.
Who lives here
Demographics.
The 2021 Census put New Town's population at 13,210, with a median age of 38. That sits as a typical family-age mix.
Population
13,210
Median age
38
Family households
–
Lone person
–
Houses change hands at $882,500 on a typical sale, above the Tasmania median. Units come in around $457,500, roughly 48% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $177,000. Prices sit above the Tasmania median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$882,500
+0.0% over the past year. Median unit price $457,500.
Sales data as of December 2024· sales-abs
Rental and ownership
Weekly rent (house)
$350/wk
Weekly rent (unit)
$298/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$882,500
$457,500
13,210
Median age: 38
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For investors
Investment overview.
Gross rental yield on houses sits at 2.06% (median rent $350/wk against a $882,500 price tag). Units yield 3.39% gross, often the better cash-flow play for first-time investors.
Gross Yield (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20242.06%
Based on $882,500 median
Gross Yield (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20243.39%
Based on $457,500 median
Annual Growth (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Annual Growth (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021–
Higher = more owner-occupier demand
Days on Market
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Getting around
Walkability.
16
0
75
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in New Town.
Local schools for New Town
View the catchment for each school to find out more.
Government School Catchment
New Town Primary School
Hobart City High School
Lenah Valley Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
586 mm
Hottest Month (avg max)
21.8°C
Coldest Month (avg min)
4.6°C
Monthly Rainfall (mm)
Weather data from BOM station Hobart (Ellerslie Road) (7 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About New Town.
- What is the median house price in New Town?
- The median house price in New Town, TAS 7008 is $882,500. The median unit price is $457,500. Annual growth is +0.0%.
- What is the New Town postcode?
- New Town is in the 7008 postcode, in TAS, in the City of Glenorchy region.
- What is the average rent in New Town?
- The median weekly rent for houses is $350, for units it's $298.
- What schools are in New Town?
- There are 20 schools serving New Town on this page, including Sacred Heart College, New Town Primary School, Hobart City High School.
- How walkable is New Town?
- New Town has a Walk Score of 16 out of 100, highly car-dependent. transit score 0, bike score 75.
- What suburbs are near New Town?
- New Town is close to Cornelian Bay, Mount Stuart, North Hobart, Moonah, Lenah Valley.
- What is the population of New Town?
- New Town has approximately 13,210 residents. The median age is 38.
New Town
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Surrounding Suburbs
Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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