1 Walden StreetNewstead TAS 7250
Property Details for 1 Walden St, Newstead
1 Walden St, Newstead is a 4 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1955. The property has a land size of 703m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in December 1999.
Last Listing description (October 2008)
ATTENTION ASTUTE INVESTORS!
A TIDY BLOCK OF 4, 1 BEDROOM UNITS PAYING A YEARLY RENTAL OF $28,340 (5.67% RETURN) & LEASED UNTIL JANUARY/FEBRUARY 2009. LOCATED IN ONE OF LAUNCESTON'S MOST SORT AFTER SUBURBS AND ONLY 5 MINUTES WALK TO THE THRIVING NEWSTEAD SHOPPING COMPLEX WHERE YOU HAVE EVERYTHING YOU COULD NEED FROM DOCTORS, CHEMISTS, BANKS, TAKE AWAY OUTLETS, FASHION, HAIR SALONS, RESTAURANTS AND THE LONG ESTABLISHED NEWSTEAD HOTEL TO NAME A FEW. A GREAT PLACE FOR CAPITAL GROWTH! A GREAT INVESTMENT OPPORTUNITY!
PROUDLY LISTED & MARKETED BY HARCOURTS LAUNCESTON. FOR MORE INFORMATION, CONTACT YOUR LOCAL AREA EXPERT TONY MORRISON ON 0418 130 563.
Property History for 1 Walden St, Newstead, TAS 7250
- 06 Aug 2008Listed for Sale $479,500
- 21 Dec 1999Sold for $94,500
- 08 Feb 1991Sold for $85,000
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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.
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