FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates New Town, Tasmania 7.3 out of 10 (Steady Buy) as of May 2026.
New Town offers a robust investment opportunity, driven by its prime inner-ring location four kilometres from the CBD, attracting a stable tenant demographic seeking proximity to services. An extremely low 0.8% vacancy rate, coupled with low supply, underpins strong rental security and consistent capital appreciation in this tightly contested market.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates New Town, Tasmania 7.3 out of 10 (Steady Buy) as of May 2026. New Town offers a robust investment opportunity, driven by its prime inner-ring location four kilometres from the CBD, attracting a stable tenant demographic seeking proximity to services. An extremely low 0.8% vacancy rate, coupled with low supply, underpins strong rental security and consistent capital appreciation in this tightly contested market.
The median house price in New Town, TAS is $734K. Weekly rent of $635 against a 4.5% gross yield underpins this figure.
New Town has a gross rental yield of 4.5%, with a median weekly rent of $635. 12-month price growth is tracking at +4.0%.
Based on its market signals, New Town aligns with: Yield Play, Entry Level, SMSF, Long Hold.