OFF MARKET

14 College Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 131m2
Land area: 988m2
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Last updated 11 Nov 2024
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Property Details for 14 College St, Newstead

14 College St, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1925. The property has a land size of 988m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1925
Floor Size
131m2
Land Size
988m2
Local Government
Launceston
Lot/Plan
1/29483

Last Listing description (December 2022)

Introducing 14 College Street to the market, a renovation project and development opportunity in one that is primed for future high-end profit for the right buyer. Ideally positioned across the road from prestigious private school Scotch Oakburn College and walking distance to Newstead College. Just 7 minutes from Launceston's CBD and close to shops, all amenities and public transport, there's convenience at every turn. A desirable flat landscape, with great side access and over 900m2 block to play with, here is a rare opportunity to develop (STCA). The front dwelling is a charming 1925 cottage, perfectly positioned and ready for its transformation. Someone with the right vision could make this home a dream. All electrics and plumbing in the home have been updated and new roof, solar panels for power, new fencing, gas hot water and NBN. A rare opportunity!

Built: 1925
Land Size: 986m2

Building Size: 127m2
Council Rates: Approx. $2300 per year
Water Rates: Approx. $1000 per year
Zoning: Inner Residential

***Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 14 College St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$807,000
06 Sep 2022
  • 06 Sep 2022
    Sold for $807,000
  • 29 Aug 2022
    Listed for Sale By Offer - Closing Mon 5th Sep 5pm
  • 13 Sep 1985
    Sold for $35,000

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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 4 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Newstead.

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