20 Olive StreetNewstead TAS 7250
Property Details for 20 Olive St, Newstead
20 Olive St, Newstead is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1941. The property has a land size of 696m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
Last Listing description (March 2017)
Situated on the Northern end of Olive Street near the entrance to Elphinwood, stands this fantastic rendered brick property that could provide a great opportunity- especially for those of you looking to renovate in a blue chip suburb. Featuring some classic original features, the property boasts 2 bedrooms, 3 living rooms (with great potential to create an extra bedroom from one of these rooms), a second toilet, separate laundry and multiple heating options. Externally the home has a large double garage, a wide street frontage, a spacious backyard (including a greenhouse) and plenty of undercover storage. Situated within walking distance to parks, shops and some of Launceston's most popular schools this property is ideally located if you are looking to renovate, invest or live.
Property History for 20 Olive St, Newstead, TAS 7250
- 05 Sep 2020Sold for $710,000
- 15 Feb 2017Sold for $306,000
- 07 Feb 2017Listed for Sale $299,000 - $329,000
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0About 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 2,731 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.
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