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Sold on 15 May 2024 for $790,000

10 Suffolk Street
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 205m2
Land area: 796m2
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Property Details for 10 Suffolk St, Newstead

10 Suffolk St, Newstead is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1935. The property has a land size of 796m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
1935
Floor Size
205m2
Land Size
796m2
Local Government
Launceston
Lot/Plan
13/46248

Last Listing description (May 2024)

Suffolk Street, Newstead is one of the most tightly held areas of Launceston and it is no wonder why. This classic 1930's home, spread over two levels, is in immaculate condition and retains classic features throughout.

Perfectly positioned and north facing, ensures all day sun and views across Launceston. The lower level presents a versatile space, offering the potential for a teenager retreat or guest accommodation, providing a perfect blend of functionality and comfort for modern living. With its combination of architectural beauty and proximity to the CBD, this residence in Newstead is a true gem for those seeking a sophisticated and welcoming abode.

Additional Features:

- Large kitchen with island bench
- Dining area with arched windows
- Lounge with double doors & stunning mantle
- Panoramic views over the back yard and to the North
- Main bedroom with sitting area and built-in robes
- Plus 3 good size bedrooms all with built-ins
- Convenient separate study
- Large second living downstairs
- Two reverse cycle heaters plus wood heater
- 3 bay garaging + OSP
- Walking distance to several schools in East Launceston and Newstead.

Year: 1935
Build Size: 205m2
Land Size: 796m2

This is an exceptional opportunity to acquire a quality home, in this highly sought after area.

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

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Property History for 10 Suffolk St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$790,000
15 May 2024
  • 15 May 2024
    Sold for $790,000
  • 09 Jan 2024
    Listed for Sale Offers over $799,000
  • 16 Sep 2019
    Sold for $524,000
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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 2,731 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 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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