SOLD
Sold on 01 Dec 2023 for $630,000

2 Olive Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 390m2
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Property Details for 2 Olive St, Newstead

2 Olive St, Newstead is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1922. The property has a land size of 390m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
1922
Floor Size
130m2
Land Size
390m2
Local Government
Launceston
Lot/Plan
1/226729

Last Listing description (November 2023)

Introducing a charming and cosy weatherboard cottage that captures the essence of rustic elegance. This delightful 3-bedroom, 2-bathroom retreat is a perfect blend of classic design and modern comfort, making it an ideal haven for those seeking a tranquil lifestyle.

Nestled within a picturesque neighbourhood, number two Olive exudes timeless appeal with its crisp white exterior and white picket fence. Step inside to discover a warm and welcoming interior, highlighted by a spacious living area which provides room for relaxation.

The heart of the home is a beautifully appointed kitchen with stainless steel appliances and ample cabinet space. The adjacent dining area is perfect for hosting intimate gatherings or family dinners.

All bedrooms are thoughtfully appointed with built-in robes, providing convenient storage solutions. The master suite boasts its own private ensuite bathroom for added convenience. Bedroom two features an additional beautiful sitting room that could easily be utilised as a home office, a reading room, or a cosy retreat.

A separate laundry with vast storage, including an extra pantry is an added bonus here. The private, established, low maintenance back garden is picture perfect and ready for those summer barbeques with friends, whilst the carport is conveniently accessible via a remote-control roller door.

In a desirable locale, just 350 metres from Scotch Oakburn College and 900 metres from City Park, this is the perfect place to call home or to use as your town base.

Don't miss this opportunity to make this little beauty yours. Contact us today to schedule a viewing and experience the charm and comfort for yourself.

Council rates: $458 p/q approx.
Water rates: $300 p/q approx.
House size: 124m2
Land size: 393m2
Year built: 1910
Zoning: General residential

Belle Property have obtained all information in this document from sources considered to be reliable. All information is published solely for potential purchasers to assist them in deciding if they wish to make further enquiries.

Property History for 2 Olive St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$630,000
01 Dec 2023
Listed for Rent
$460/w
08 Jul 2021
  • 01 Dec 2023
    Sold for $630,000
  • 26 Oct 2023
    Listed for Sale Offers Over $650,000
  • 23 Dec 2022
    Listed for Sale Offers over $380,000
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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, 104 properties were sold in the past 12 months in Newstead.

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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.