OFF MARKET

1/51 Mckellar Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 82m2
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Property Details for 1/51 Mckellar Rd, Newstead

1/51 Mckellar Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 82m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
Unit
Year Built
1977
Floor Size
82m2
Land Size
82m2
Local Government
Launceston
Lot/Plan
1/58906

Last Listing description (June 2015)

What a great addition or starter for your investment portfolio! This spacious, renovated two bedroom unit takes prime location with excellent furnishings. Offering all day sun through large glass windows with lovely park views, extremely quiet, great off-street parking including carport and a lovely large rear grassed sitting area that is also well fenced and private. All this is only a short stroll to shops, supermarket, Newstead park reserve (opposite) and public transport. Also for those who are looking for a unit for elderly family members, the bathroom has been extensively modified with a disability shower and hand rails. The living area has a near new Daikin inverter for all their heating and cooling needs. Added to this is an inexpensive body corporate of $381.58 per year (2014) covering building insurance and public liability. This great unit is all ready to go, and would suit a large list of tenants including elderly couples, pensioners, singles, small families, young couples, people with a disability or retirees.

Property History for 1/51 Mckellar Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$144,000
25 Mar 2015
  • 25 Mar 2015
    Sold for $144,000
  • 23 May 2014
    Listed for Sale 144000
  • 07 Feb 1998
    Sold for $63,000

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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.