OFF MARKET

18 Como Crescent
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 154m2
Land area: 579m2
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Last updated 16 Sep 2024
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Property Details for 18 Como Cres, Newstead

18 Como Cres, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 579m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
House
Year Built
1940
Floor Size
154m2
Land Size
579m2
Local Government
Launceston
Lot/Plan
22/14346

Last Listing description (April 2024)

An opportunity to secure a great home or the possibility to buy along with neighbouring property 16 Como Crescent. This home is available individually or as a group purchase.

What sets this property apart is its remarkable location within a vibrant community and its potential for future growth. Moreover, the neighbouring property is also available for sale, making this a golden trio of possibilities for development enthusiasts. (STCA).

Merge the properties for an expansive project that caters to modern living demands.

Renovate and create a cohesive, charming neighbourhood that blends history with contemporary living. Craft a unique multi-unit development, catering to the ever-growing demand for housing in the area.

This property isn't just a house; it's an opportunity to shape the future. Whether you're an investor, a developer, or a homeowner seeking to put your creative touch on a classic canvas, this 1940-built home is your chance to leave a mark on a vibrant community.

Current rent: $385.00 Per week
Lease expires: 23/05/2024
Built: 1940
Land size: 579m2
Building size: 154m2
Zoning: Inner Residential

Don't miss out on the endless potential that this property, together with its neighbouring property, has to offer. Your vision, combined with this remarkable location, can bring your dreams to life.

*** There is 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 18 Como Cres, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$280,000
07 Aug 2015
Listed for Rent
$330/w
28 May 2018
  • 22 Aug 2023
    Listed for Sale Offers Over $510,000
  • 27 Apr 2018
    Listed for Rent - Price not available
  • 17 Nov 2015
    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 2,754 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 11 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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