OFF MARKET

2/45 Newstead Crescent
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 94m2
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Property Details for 2/45 Newstead Cres, Newstead

2/45 Newstead Cres, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 94m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
Unit
Year Built
1975
Floor Size
94m2
Land Size
94m2
Local Government
Launceston
Lot/Plan
2/59325

Last Listing description (October 2017)

Unit 2 / 45 Newstead Crescent is positioned beautifully on the ground floor corner overlooking the colourful manicured gardens of this very popular complex. This spacious unit consists of two generous size bedrooms, both with built in robes, near new carpets throughout, huge sunny living/dining with new reverse cycle heating/air conditioning, functional kitchen with near new wall oven and cook top looks out over the gardens, separate study/foyer and with a private entrance. There is the convenience of the under building car space with large extra storage facility additional. This unit complex and the grounds are meticulously maintained and just a delight to wander through the roses and so conveniently located just walking distance to all the fantastic services of Newstead shopping precinct which include supermarket, Dr surgery, bank, news agency, chemist/post office. This fantastic unit is currently rented to a fantastic tenant and showing a good return. Ideally suited to investors to add to or kick off your property portfolio. To move forward with your inspection call me now.

Property History for 2/45 Newstead Cres, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
17 Oct 2017
Listed for Rent
$230/w
02 Dec 2015
  • 17 Oct 2017
    Sold
  • 17 Oct 2017
    Sold for $190,000
  • 02 Jun 2017
    Listed for Sale Buyers in the $185,000 Plus Range (under offer)
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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 2,733 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

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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.