OFF MARKET

2/86 Elphin Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 87m2
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Property Details for 2/86 Elphin Rd, Newstead

2/86 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1972. The property has a land size of 87m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 1998.

Building Type
House
Year Built
1972
Floor Size
87m2
Land Size
87m2
Local Government
Launceston
Lot/Plan
2/59466

Last Listing description (January 2023)

PROPERTY FEATURES
- Two bedrooms both with built in robes
- Bathroom with both a bath and shower

- Separate toilet
- A sunroom perfect for those warm Winter days or Summer with the windows open
- Spacious living room
- Secure access to the building
- Single carport

ABOUT THE AREA
- Located centrally on popular Elphin Road
- Within walking distance to Coles, Newstead Medical Centre and local shops and gyms
- 5 minute drive to the Launceston CBD or roughly 20 minutes walking
- Close to local schools

TERMS OF TENANCY:
Rent: $420 per week
Available: 9th of January 2023
Lease Length: 12 month lease preferred
Pet Policy: Pets not suitable for this property
Inspection: Please register to inspect Appointments by inspection only
Apply: Online 2apply.com.au

Property History for 2/86 Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$53,000
29 Oct 1998
Listed for Rent
$420/w
11 Jan 2023
  • 04 Jan 2023
    Listed for Rent $420 / week
  • 29 Oct 1998
    Sold for $53,000

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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 2,733 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.