OFF MARKET

1/178 Abbott Street
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 243m2
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Property Details for 1/178 Abbott St, Newstead

1/178 Abbott St, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 243m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1984
Floor Size
87m2
Land Size
243m2
Local Government
Launceston
Lot/Plan
1/57946

Last Listing description (May 2023)

In a sunny, Easterly position with a bus-stop right out front and a short distance from schools, the
Punchbowl Reserve and the Newstead shopping precinct, and Launceston General Hospital this attractive 2-bedroom villa is an absolute gem in a great position.
On a low-maintenance block of land with a lovely front garden this home also has an enclosed side garden for veggies.

Sit on your balcony with your morning beverage, soak up the warmth of the sun, and gaze toward
the distant mountains...
Offering two good-sized bedrooms (both with built-ins), a bright, open-plan kitchen, dining and living
space heated or cooled by your reverse-cycle air conditioner, you will love living here or adding it to your portfolio.
A single garage offers protection for your vehicle or additional storage and the separate laundry
coupled with a neat bathroom simply complete this lovely package.
Please enquire for a personalized inspection.

Council rates: $375 p/q approx.
Water rates: $252 p/q approx.
Building size:87m2 approx.
Land size:243m2 approx.
Year built: 1984
Currently Tenanted at: $285 per week till September 2023
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 1/178 Abbott St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$360,000
02 May 2023
  • 02 May 2023
    Sold for $360,000
  • 24 Apr 2023
    Listed for Sale Offers Over $375,000
  • 15 May 1997
    Sold for $70,000
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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.