OFF MARKET

1/56 Ellison Street
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 211m2
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Property Details for 1/56 Ellison St, Newstead

1/56 Ellison St, Newstead is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2009. The property has a land size of 211m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
Townhouse
Year Built
2009
Floor Size
90m2
Land Size
211m2
Local Government
Launceston
Lot/Plan
1/159281

Last Listing description (February 2023)

CONFIGURATION: Furnished townhouse comprising 2 bedrooms with built in robes, open plan kitchen and living area, spacious bathroom, European laundry, low maintenance courtyard and remote garage.

FEATURES: Modern townhouse, elevated location.

HEATING/COOLING: Reverse cycle air conditioner.

PARKING: Single Garage.

INCLUSIONS: Furnished excluding linen.

LEASE TERM: Minimum 12-month lease term.

PETS: The owner may consider a pet with suitable references.

SUBURB PROFILE: An inner suburb of the city of Launceston, sought-after Newstead is only a 5-minute drive to the city and home to several of the best schools in Launceston, with local shops, a Medical hub, and cafes at your fingertips, what a great place to call home.

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Property History for 1/56 Ellison St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$305,000
20 Nov 2016
Listed for Rent
$530/w
07 Feb 2023
  • 15 Jan 2023
    Listed for Rent - Price not available
  • 20 Nov 2016
    Sold for $305,000
  • 01 Nov 2016
    Listed for Sale $290,000 - $320,000
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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 2,732 properties. Over the last 5 years, Houses in Newstead have seen a 67.32% increase in median value, while Units have seen a 48.17% increase. As at 30 September 2024:

  • The median value for Houses in Newstead is $720,469 while the median value for Units is $382,199.
  • Houses have a median rent of $520 while Units have a median rent of $398.
There are currently 22 properties listed for sale, and 6 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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