SOLD
Sold on 24 Dec 2023 for $310,000

1/141 Abbott Street
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 69m2
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Property Details for 1/141 Abbott St, Newstead

1/141 Abbott St, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 69m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
69m2
Land Size
69m2
Local Government
Launceston
Lot/Plan
1/59078

Last Listing description (May 2024)

Hidden away in the heart of Newstead, this low maintenance, brick unit is sure to appeal whether you are an investor, first home buyer or looking to downsize.

A strata title unit in a complex of only four, which is professionally managed for everyone's convenience. Being an internal block, the unit is on the ground floor and five-minutes’ drive to Launceston’s CBD, it's ideally located for people of all ages and will make a terrific home, or for an investor, the property is already leased until July 2024 for $350.00 per week.

Enjoy the privacy, and peace of the property. Boasting a warm, and light living area, which flows through to the well-appointed kitchen, the remaining section is a smart use of space, with the laundry and bathroom combined into one zone to service the two good sized bedrooms, both with built in robes. A single car carport is included, with additional guest parking available on site. Much to recommend to a tenant or owner occupier.

If you are an investor seeking to start or add to your portfolio, a first home buyer or downsizer looking for comfort and convenience all wrapped up into a neat and well-presented package, this opportunity is definitely worth your consideration.

The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd. by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the property.

Humphreys Real Estate Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.

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Property History for 1/141 Abbott St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$310,000
24 Dec 2023
Listed for Rent
$330/w
26 Oct 2021
  • 24 Dec 2023
    Sold for $310,000
  • 09 Nov 2023
    Listed for Sale $315,000.00
  • 08 Oct 2021
    Listed for Rent $330 / week
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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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