SOLD
Sold on 06 May 2024 for $802,000

1/20 Marion Avenue
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 191m2
Land area: 586m2
Save

Property Details for 1/20 Marion Ave, Newstead

1/20 Marion Ave, Newstead is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2022. The property has a land size of 586m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2022
Floor Size
191m2
Land Size
586m2
Local Government
Launceston

Last Listing description (August 2024)

Standing proudly in an elevated position in the highly sought-after suburb of Newstead, this contemporary residence offers a compelling interior prioritising open spaces, natural sunlight, and serene family living with captivating views.

On entrance, you are met with a generous sense of space with large proportion rooms and high ceilings complimented by an elevated outlook and natural sunlight throughout.

The open-plan kitchen, living, and dining domain is located at the heart of the home and flows out to a private, low-maintenance yard with open and undercover entertaining areas. The gourmet kitchen caters to every occasion in style featuring a long island bench with extra seating options as well as a butlers pantry/laundry room. Comprising of three bedrooms upstairs, the master with a generous walk-in robe and ensuite. The remaining bedrooms offer great built-in storage and are serviced by a central family bathroom that features a standalone bath.

The lower level offers a generous double-car garage with internal access as well as a versatile room perfect for a fourth bedroom, study, teenage retreat, or storage. Double-glazed windows and ducted heating throughout ensure comfortable living all year round.

Ideally located in close proximity to all amenities including supermarkets, cafes, restaurants, parklands, leading private and public schools, and the Launceston CBD.

Offering a functional floorplan and generous proportions this home can comfortably accommodate a large demographic of buyers yet still offer an appealing, low-maintenance lifestyle.

If you would like more information or to inspect this property please get in contact with us today.

**Bushby Creese has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

Property History for 1/20 Marion Ave, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$802,000
06 May 2024
  • 06 May 2024
    Sold for $802,000
  • 29 Feb 2024
    Listed for Sale Offers Over $825k

Commute Calculator

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

Market Insights
Newstead Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newstead Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.