OFF MARKET

2/49 Riverdale Grove
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 163m2
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Property Details for 2/49 Riverdale Gr, Newstead

2/49 Riverdale Gr, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 163m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in April 2013.

Building Type
Unit
Year Built
1984
Floor Size
89m2
Land Size
163m2
Local Government
Launceston
Lot/Plan
2/58102

Last Listing description (April 2013)

What an Opportunity! Estate Sale, All Offers Considered
Whether you are a first home buyer, retiree or investor, this property screams value. Although in need of a lot of TLC the price is reflective of that, allowing for improvements with plenty of room for capital gains.
The larger than average unit is located in a desirable area on the bus route and close to schools and shops. There is a generous combined lounge and dining room and great sized kitchen with huge walk in pantry and ample bench and cupboard space.

The two bedrooms are doubles and the bathroom offers a separate toilet, shower and bath. There's great storage space inside and out with a shed and single carport. A courtyard out the back is very private and sunny.
Call today to arrange an inspection.
LAND 161m2 approx YEAR 1984
Additional feature/s - Carport.

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Property History for 2/49 Riverdale Gr, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$127,500
23 Apr 2013
  • 23 Apr 2013
    Sold for $127,500
  • 28 Feb 2013
    Listed for Sale $149,000
  • 18 Apr 1985
    Sold for $48,700

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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, 104 properties were sold in the past 12 months in Newstead.

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