FOR SALE
$335,000 - $355,000

3/37 Lantana Avenue
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 95m2
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Low-Maintenance Living in Sought-After Area

Positioned in the popular suburb of Newstead, 3/37 Lantana Avenue presents a fantastic opportunity to enter the market, downsize, or invest in a sought-after area. This low-maintenance property is designed for easy living, ensuring you can enjoy a stress-free lifestyle.
Step inside to discover an inviting open-plan living area where the functional kitchen provides ample storage and generous bench space. Flowing seamlessly from the kitchen is the dining and living area, offering a versatile space for relaxation and entertaining.
The property features two well-proportioned bedrooms, each complete with built-in robes to accommodate all your storage needs. The functional bathroom is conveniently located for easy access from both bedrooms.
For year-round comfort, a reverse-cycle air conditioning system ensures pleasant temperatures no matter the season. Outside, you'll find a private courtyard perfect for enjoying the outdoors, along with a single garage providing secure parking and additional storage space.
Situated in the heart of Newstead, this home benefits from its prime location close to local amenities. With schools, cafes, and shopping precincts just moments away, plus convenient access to local bus routes and Launceston CBD, everything you need is within easy reach. Don't miss this opportunity to secure a prime property in a highly desirable area.
- Low-maintenance, easy living;
- Open-plan living and dining area;
- Two bedrooms with built-in robes;
- Reverse-cycle air conditioning.
Year Built: 1971
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Property Details for 3/37 Lantana Ave, Newstead

3/37 Lantana Ave, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 95m2 and floor size of 69m2. The place is currently for sale with Sims For Property - Launceston.

Building Type
Unit
Floor Size
69m2
Land Size
95m2

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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 2,754 properties. Over the last 5 years, Houses in Newstead have seen a 70.50% increase in median value, while Units have seen a 54.46% increase. As at 30 November 2024:

  • The median value for Houses in Newstead is $723,220 while the median value for Units is $406,960.
  • Houses have a median rent of $520 while Units have a median rent of $395.
There are currently 18 properties listed for sale, and 7 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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Richard Sims
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Erin O'Grady
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Sims For Property - Launceston
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.