OFF MARKET

140 Abbott Street
Newstead TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 4
Floor area: 129m2
Land area: 592m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 140 Abbott St, Newstead

140 Abbott St, Newstead is a 1 bedroom, 1 bathroom House with 4 parking spaces and was built in 1954. The property has a land size of 592m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1954
Floor Size
129m2
Land Size
592m2
Local Government
Launceston
Lot/Plan
3/215813

Last Listing description (August 2021)

Welcome to warehouse living at 140 Abbott Street in the sought-after suburb of Newstead.

Born in 1954, the now residential property was once a kindergarten and formally a dance hall. Painstakingly converted whilst retaining the original character and taking on industrial studio-style living, it is in such an opportune location and a unique dwelling.

The double brick structure is 141m2 and is currently an open space, with designated areas for sleeping, living and cooking, etc. If you are prepared to think outside the square, you could easily erect some walls to separate spaces if you need more than one bedroom - there is plenty of scope, only limited by your imagination. The bathroom is separate and at the back of the home/hall and has a large shower and loads of personality. The home is extremely light-filled with sun streaming in nearly all day - loads of space to relax here!

With an awesome outdoor entertaining area, veggie beds, an outdoor w/c and secure fencing for the little ones or pets. There is a generous garden shed and off-street parking for 4 cars. Established gardens and newly planted ornamental trees. There is also 6.5kw of solar on the roof and room in the front yard for you to make your mark.

Right in the heart of Newstead and close to St Thomas More's, East Launceston Primary and Scotch Oakburn College. All are within easy walking distance. As is the Newstead Shopping Hub and local services with a 2-minute drive into Launceston City Centre. Convenient for all.

This is the first time the property has been offered for sale as a residential property, and, if you are looking for that one-of-a-kind property, we urge you to inspect today.

Don't blink though!

Call Craig and Deb, the Spouses Selling Houses Team, at Nest Property Launceston for more information now.

________________________________________________________________________________

We 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.

In line with Australian Property Institute and World Health Organisation recommendation, we have put in place several measures to protect the health and safety of our staff, clients, customers and community.

If you would like to view one of our properties currently for rent or for sale, you are required to observe the following guidelines.

If you are the subject of a quarantine order by a health authority or a self-isolation/self-quarantine scenario, we ask that you book your appointment for a date that is at least an additional two days after your required quarantine period ends.

If you are experiencing cold or 'flu symptoms, please delay your property inspection until you are well.

Property History for 140 Abbott St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$650,000
21 Aug 2021
  • 21 Aug 2021
    Sold for $650,000
  • 20 Aug 2021
    Listed for Sale Expressions Of Interest
  • 10 Nov 2020
    Listed for Sale SOLD - Price Withheld
Sign in to see more transactions

Commute Calculator

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 23 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

Market Insights
Newstead Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newstead Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.