SOLD
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Sold on 21 Nov 2024 for $320,000

2/141 Abbott Street
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
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Property Details for 2/141 Abbott St, Newstead

2/141 Abbott St, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
61m2

Last Listing description (November 2024)

Beautiful Two Bedroom Unit in Tranquil Newstead
Nestled in a serene unit development in sought-after Newstead, this ground floor gem offers a rare opportunity for investors or longer term home-seekers alike. Situated in private compound, this one in a small block of four, enjoy the privacy and tranquility of spacious grounds and a quiet neighborhood.
Key Features:

Two Bedrooms, One Bathroom: Perfect for small families, couples, or as an investment property. (Both bedrooms have built in robes)
Single Carport Plus Open Parking: Convenience at your doorstep.
Tenanted Until Feb 2025: Enjoy strong returns from day one with a reliable, wonderful couple already in place.=
Short Distance to Shopping Centre and City: Easy access to amenities without the hustle and bustle.
Proximity to Excellent Schools, Parks, and Sporting Facilities: Ideal for families looking for convenience and quality living.

Whether you're looking to invest or settle into a peaceful lifestyle longer term, this unit ticks all the boxes. Don't miss out on this opportunity to own a slice of Newstead's serene living. Contact us today to arrange a viewing!

Property History for 2/141 Abbott St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$320,000
21 Nov 2024
Listed for Rent
$335/w
09 Dec 2022
  • 21 Nov 2024
    Sold for $320,000
  • 09 Jul 2024
    Listed for Sale O/O $320,000
  • 09 Dec 2022
    Listed for Rent $335 / week
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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 70.50% increase in median value, while Units have seen a 54.46% increase. As at 30 November 2024:

  • The median value for Houses in Newstead is $723,220 while the median value for Units is $406,960.
  • Houses have a median rent of $520 while Units have a median rent of $395.
There are currently 18 properties listed for sale, and 7 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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Tim Saunders
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Saunders Property Group
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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.