OFF MARKET

1/36 Olive Street
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 339m2
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Property Details for 1/36 Olive St, Newstead

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.

Building Type
Unit
Year Built
1987
Floor Size
103m2
Land Size
339m2
Local Government
Launceston
Lot/Plan
1/57542

Last Listing description (August 2023)

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.

Property not suitable for pets.
Please apply online before requesting an inspection.

Property History for 1/36 Olive St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$85,000
21 Jun 2001
Listed for Rent
$350/w
24 Aug 2023
  • 02 Aug 2023
    Listed for Rent $350 / week
  • 20 Jan 2012
    Listed for Rent - Price not available
  • 21 Jun 2001
    Sold for $85,000
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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, 104 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.