OFF MARKET

1/139A Abbott Street
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 134m2
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Property Details for 1/139a Abbott St, Newstead

1/139a Abbott St, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 134m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1974
Floor Size
74m2
Land Size
134m2
Local Government
Launceston
Lot/Plan
1/59257

Last Listing description (May 2021)

This light filled residence in the heart of Newstead offers an opportunity to downsize without compromising on space and location. Complete with your very own private sunny courtyard, this home has a large living area, two generous sized bedrooms, and an updated bathroom, only minutes to shops, parks, and Launceston CBD. This sought after location has strong appeal to a broad range of buyers, downsizers, homeowners, and tenants alike, making this a solid investment.

2 bedrooms, 1 bathroom, single lock up garage
Fenced outdoor entertaining area

Air conditioning in the spacious open plan living and dining space
Ample storage throughout
Neat kitchen with plenty of bench space and access out to the private sunny courtyard
End unit, only attached by the garage
Updated bathroom with frameless shower screen and modern fittings
Laundry combined with bathroom
Pretty front garden
Located in a small, quiet complex
Walk to St. Thomas Primary School
East Launceston Primary School also close by
PCYC is almost directly across the road
4 minutes drive to Launceston CBD
Coles in Newstead only 900m away

Council rates: $225 p/q approx.
Water rates: $200 p/q approx.
Building size: 74m2 approx.
Land size: 134m2 approx.
Year built: 1974
Rental estimate: $350-380 per week

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 1/139a Abbott St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$340,000
15 Apr 2021
  • 15 Apr 2021
    Sold for $340,000
  • 06 Apr 2021
    Listed for Sale Best Offer Over $299,000
  • 26 Feb 1998
    Sold for $62,000
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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 2,733 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 3 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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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.