OFF MARKET

12/86 Elphin Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 83m2
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Property Details for 12/86 Elphin Rd, Newstead

12/86 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 83m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2003.

Building Type
Unit
Year Built
1972
Floor Size
83m2
Land Size
83m2
Local Government
Launceston
Lot/Plan
12/59466

Last Listing description (July 2018)

This top floor unit offers an open plan living area with electric heating and a private sunny balcony.

Features & Benefits;

- 2 bedrooms with ample storage
- Sunny, private balcony
- Views from the top floor
- Ideally located in a great part of the city

Property Layout & Yard Features;
- Neat, spacious kitchen
- Carport included
- Gardens are maintained by the body corporate
- Water usage is included in the tenancy
- Fridge, washing machine and dryer included

Lease Details;
- $195 rent per week
- $780 bond
- Long term lease preferred

Pet Options;
- Sorry, no pets are allowed

The home is conveniently located in perfect proximity to the CBD, to local shops and schools, and the buzzing East Launceston precinct. At such an affordable price for a well maintained unit, this won't last long!

Property History for 12/86 Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$105,000
22 Aug 2003
Listed for Rent
$195/w
09 Jul 2018
  • 19 Jan 2015
    Listed for Rent $195 / week
  • 03 Feb 2012
    Listed for Rent - Price not available
  • 06 Feb 2010
    Listed for Rent - Price not available
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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 5 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 105 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.