OFF MARKET

1/88 Elphin Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 97m2
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Property Details for 1/88 Elphin Rd, Newstead

1/88 Elphin Rd, Newstead is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1966. The property has a land size of 97m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
Unit
Year Built
1966
Floor Size
97m2
Land Size
97m2
Local Government
Launceston
Lot/Plan
1/60071

Last Listing description (March 2018)

Bathed in natural sunlight, this ground floor apartment is a real hidden treasure. Ideally located in the sought after suburb of Newstead, and within walking distance to several premium learning establishments, this immaculate property is inner city living at it's best.
Presenting two generous sized bedrooms with ample built in storage, open plan living areas and a tidy, functional bathroom perfectly suited to both first home buyers, down sizers and investors alike.
With the added benefit of lockable wet area entrance for additional storage, reliable public transport only metres away, dedicated private parking and zero maintenance, you will be disappointed if you miss this unique opportunity.

Property History for 1/88 Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$195,000
12 Feb 2018
Listed for Rent
$220/w
03 May 2016
  • 12 Feb 2018
    Sold for $195,000
  • 03 Jul 2017
    Listed for Sale Offers Over $189,000
  • 12 Oct 2016
    Sold for $186,500
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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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