OFF MARKET

1/54-56 Walden Street
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 232m2
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Property Details for 1/54-56 Walden St, Newstead

1/54-56 Walden St, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 232m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1984
Floor Size
89m2
Land Size
232m2
Local Government
Launceston
Lot/Plan
1/58053

Last Listing description (August 2023)

This unit has been lovingly maintained, with new kitchen, updated carpets and paintwork throughout complimented with near new split system heating.

Beautifully set on a quiet street, 1/54-56 Walden Street also has a remote-controlled garage with internal access and an easily maintained yard area perfect for pets, entertaining or budding green thumbs.


At the front of the unit is a sun filled garden, a perfect spot for a morning coffee either made at home or from a cafe close by.

A walk or short drive will take you into the heart of Newstead with multiple cafes and shopping options on offer, heading in the opposite direction will see you at Scotch Oakburn College. A perfect downsizing, first homeowner or investment opportunity!

Water rates: $250 p/q approx.
Building size: 89m2 approx.
Land size: 232m2 approx.
Year built: 1984
Rental appraisal: $400-$420 per week approx

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 1/54-56 Walden St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$420,000
28 Jul 2023
Listed for Rent
$280/w
16 Jan 2020
  • 28 Jul 2023
    Sold for $420,000
  • 18 Jul 2023
    Listed for Sale Not Disclosed
  • 17 May 2022
    Sold for $75,000
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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.