1/36 Olive St, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 339m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in June 2001.
This exceptionally well presented unit in Newstead is conveniently located to schools, shops and public transport. The easily maintained front yard creates an inviting view of the property while the rear yard is your sunny little oasis for relaxing. This single level property is designed for easy living and maintenance. It features two large and comfortable bedrooms, separate laundry and toilet and a well sized bathroom with bath and shower. The well proportioned, light filled lounge and dining areas are kept cosy with a reverse cycle heat pump. Well equipped kitchen with new stove.
The property presents in excellent condition throughout and properties of this nature in Newstead do not become available often.
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:
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