OFF MARKET

1/41 Newstead Crescent
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 103m2
Land area: 250m2
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Property Details for 1/41 Newstead Cres, Newstead

1/41 Newstead Cres, Newstead is a 3 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1992. The property has a land size of 250m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
Unit
Year Built
1992
Floor Size
103m2
Land Size
250m2
Local Government
Launceston
Lot/Plan
1/101817

Last Listing description (March 2019)

* Neat three bedroom unit with almost 6% yield
* Available to move straight into
* Located in popular Newstead - only 450m to shops and supermarket

* Open plan living and well-appointed kitchen
* Excellent floor plan - master with leadlight windows, walk in robe and ensuite
* Large main bathroom and separate laundry
* Convenience of air conditioning
* Front unit (only 2 on the block) with a private northern deck and established trees
* Great investment opportunity, new carpet
* Double parking underneath
* Close to quality public and private schools and all city conveniences
* Security system
* NBN connected
Click on the 'External Link' below for the virtual furnishing floorplan and video tour. Contact Jeremy Wilkinson for your inspection.
Rental estimate: $340 - $350 per week
Unit size: 103m
Land size: 250m
Built: 1992
Rates: $1312 pa
Council Zoning: 10.0 General Residential
Council: Launceston City
Heritage listed: No
*All measurements are approximate

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Property History for 1/41 Newstead Cres, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$315,000
15 Feb 2019
Listed for Rent
$310/w
06 Apr 2016
  • 15 Feb 2019
    Sold for $315,000
  • 03 Oct 2018
    Listed for Sale Best Offer Over $315,000
  • 31 Mar 2016
    Listed for Rent - Price not available
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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 24 properties listed for sale, and 4 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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