OFF MARKET

21 Olive Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 155m2
Land area: 640m2
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Last updated 16 Sep 2024
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Property Details for 21 Olive St, Newstead

21 Olive St, Newstead is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1999. The property has a land size of 640m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1999
Floor Size
155m2
Land Size
640m2
Local Government
Launceston
Lot/Plan
35/129754

Last Listing description (September 2024)

Nestled in the desirable suburb of Newstead, this charming home offers sun-filled living spaces and a practical design. The kitchen and dining area feature a conservatory-style addition, overlooking the generously sized, grassed yard with gazebo - perfect for entertaining family & friends. The spacious lounge enjoys North-facing windows, capturing plenty of natural light. The master bedroom includes a built-in robe and ensuite, while two additional bedrooms also have built-in robes. The home features a main bathroom with a spa bath, separate toilet and a dedicated laundry. With reverse cycle and electric heating, a single garage with backyard access and extra off-street parking, this property combines comfort and convenience in a sought-after location.PROPERTY FEATURES- Kitchen with plenty of storage and dishwasher- Open-plan kitchen and dining area- Spacious lounge area- Master bedroom with built-in robe and ensuite- Ensuite with separate shower- Two additional bedrooms, both with built-in robes- Main bathroom with spa bath and shower- Separate toilet- Dedicated laundry- Warmed by reverse cycle and electric heating- Level, grassed yard with gazebo- Single lock up garage, with additional off-street parking for one vehicleABOUT THE AREASituated just minutes from the Newstead Shopping Centre, Launceston General Hospital and top-rated schools, this home is ideally located. Enjoy the convenience of being within walking distance to the scenic walking trails along the North Esk River and a mere three-minute drive to the Launceston CBD.TERMS OF TENANCYRent: $610 per weekAvailable: 23rd September 2024Lease Length: 12 month lease preferred Pet Policy: Pets are considered upon applicationInspection: By appointment onlyApply: Online - realestate.com.auINTERESTED IN THIS PROPERTYPlease submit your application online or email us your inquiry.We look forward to assisting you secure your new home!

Property History for 21 Olive St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$670,000
01 Nov 2022
  • 30 Aug 2024
    Listed for Rent $610 / week
  • 01 Nov 2022
    Sold for $670,000
  • 23 Oct 2022
    Listed for Sale Best Offer Over $669,000
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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 2,754 properties. Over the last 5 years, Houses in Newstead have seen a 64.82% increase in median value, while Units have seen a 57.75% increase. As at 31 August 2024:

  • The median value for Houses in Newstead is $707,132 while the median value for Units is $387,298.
  • Houses have a median rent of $520 while Units have a median rent of $390.
There are currently 23 properties listed for sale, and 11 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 106 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.