OFF MARKET

15/86 Elphin Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 85m2
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Property Details for 15/86 Elphin Rd, Newstead

15/86 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 85m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
1972
Floor Size
83m2
Land Size
85m2
Local Government
Launceston
Lot/Plan
15/59466

Last Listing description (July 2023)

**NOTE: We request applications are submitted online prior to booking a viewing.**

The market is screaming for affordable rental options and this might just be the perfect solution for people looking for exactly that!

This fully furnished apartment in popular East Launceston is ready to be lived in!

Features include:
- Fully Furnished (excluding linen)
- Off-street parking included
- Central, sought after location
- Spacious living space with extra sun room / study
- Spit-system heating and cooling
- Sun-filled with double glazed windows through out
- Internet included!

Lease details:
- 12 month lease preferred
- Available late July

Get in quick! This is an opportunity to secure a long-term, low-maintenance home with lots of perks at a very affordable price!

Apply online now, and we will be in touch!

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Property History for 15/86 Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$321,000
23 Jul 2020
Listed for Rent
$410/w
25 Jul 2023
  • 12 Jul 2023
    Listed for Rent $410 / week
  • 23 Jul 2020
    Sold for $321,000
  • 07 Apr 2020
    Listed for Sale $320,000
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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 2,754 properties. Over the last 5 years, Houses in Newstead have seen a 64.82% increase in median value, while Units have seen a 57.75% increase. As at 31 August 2024:

  • The median value for Houses in Newstead is $707,132 while the median value for Units is $387,298.
  • Houses have a median rent of $520 while Units have a median rent of $390.
There are currently 23 properties listed for sale, and 10 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Newstead.

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