FOR SALE
O/O $320,000

2/141 Abbott Street
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
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In the heart of Newstead - fabulous unit

Beautiful Two Bedroom Unit in Tranquil Newstead
Nestled in a serene unit development in sought-after Newstead, this ground floor gem offers a rare opportunity for investors or longer term home-seekers alike. Situated in private compound, this one in a small block of four, enjoy the privacy and tranquility of spacious grounds and a quiet neighborhood.
Key Features:
Two Bedrooms, One Bathroom: Perfect for small families, couples, or as an investment property. (Both bedrooms have built in robes)
Single Carport Plus Open Parking: Convenience at your doorstep.
Tenanted Until Feb 2025: Enjoy strong returns from day one with a reliable, wonderful couple already in place.=
Short Distance to Shopping Centre and City: Easy access to amenities without the hustle and bustle.
Proximity to Excellent Schools, Parks, and Sporting Facilities: Ideal for families looking for convenience and quality living.
Whether you're looking to invest or settle into a peaceful lifestyle longer term, this unit ticks all the boxes. Don't miss out on this opportunity to own a slice of Newstead's serene living. Contact us today to arrange a viewing!

Property Details for 2/141 Abbott St, Newstead

2/141 Abbott St, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a floor size of 61m2. The place is currently for sale with Saunders Property Group.

Building Type
Unit
Year Built
1976
Floor Size
61m2

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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. It has 8 parks covering nearly 15.1% of total area. The population of Newstead in 2011 was 4,968 people. By 2016 the population was 5,366 showing a population growth of 8.0% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newstead work in a professional occupation. In 2011, 66.2% of the homes in Newstead were owner-occupied compared with 64.4% in 2016.

Newstead has 2,731 properties. Over the last 5 years, Houses in Newstead have seen a 64.04% increase in median value, while Units have seen a 53.71% increase. As at 31 October 2024:

  • The median value for Houses in Newstead is $715,353 while the median value for Units is $397,028.
  • Houses have a median rent of $520 while Units have a median rent of $390.
There are currently 23 properties listed for sale, and 6 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Newstead.

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Tim Saunders
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Saunders Property Group
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