OFF MARKET

25 Olive Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 144m2
Land area: 480m2
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Property Details for 25 Olive St, Newstead

25 Olive St, Newstead is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1999. The property has a land size of 480m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
House
Year Built
1999
Floor Size
144m2
Land Size
480m2
Local Government
Launceston
Lot/Plan
37/129754

Last Listing description (April 2020)

What a location! At the quiet end of Olive, this flat accessible home is in easy walking distance to all that the Newstead shopping area has to offer. Schools from day-care to college both public and private all in a short stroll. Parks, sports grounds and the Launceston CBD also all within reach.
The well-maintained home provides three ample bedrooms, the master benefits from a walk-in robe and ensuite. Sunny East facing kitchen and open plan living or dining area to spread out in. Adjacent is a semi-formal living room and access to the rear yard. Reverse cycle air conditioning to keep things comfortable. There's a great garage with auto door plus another leading into the rear yard, extra space for the trailer or pop up camper.
Perfect for those looking to downsize, first home or excellent investment.

Click on the 'External Link' below for the virtual furnishing floorplan and video tour. Contact David Hernyk for your inspection.

Rent: TBA
House size: 143m
Land size: 480m
Built: 1999
Rates: TBA
Council Zoning: 10.0 General Residential
Council: Launceston City
Heritage listed: No

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property History for 25 Olive St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$426,000
06 Mar 2020
  • 06 Mar 2020
    Sold for $426,000
  • 02 Mar 2020
    Listed for Sale Best Offer Over $414,000
  • 26 Mar 1999
    Sold for $155,000

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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 2,731 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.
There are currently 23 properties listed for sale, and 6 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 104 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.