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Sold on 25 Nov 2023 for $753,000

26 Olive Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 548m2
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Property Details for 26 Olive St, Newstead

26 Olive St, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 548m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Floor Size
100m2
Land Size
548m2
Local Government
Launceston
Lot/Plan
2/68054

Last Listing description (November 2023)

Nestled in the serene neighbourhood of Newstead, 26 Olive Street presents a charming and beautifully updated residence that effortlessly combines modern convenience with classic character. As you approach the property, the allure begins with a captivating front porch and a meticulously manicured front garden, setting the tone for what awaits within.
Internally, the home boasts a blend of timeless features, including polished timber flooring and high ceilings, creating an ambiance of warmth and sophistication. The three sunlit bedrooms, each adorned with built-in robes, offer comfortable sanctuaries. The centrally located, renovated bathroom showcases a harmonious colour palette, a walk-in shower, and a separate bath, ensuring both style and practicality.
Positioned at the rear, the living and kitchen space becomes the heart of the home. The kitchen, equipped with quality appliances and ample bench and cupboard space, beckons to culinary enthusiasts. Flowing seamlessly from the kitchen is the inviting dining/living area, bathed in natural light, and providing direct access to the expansive entertaining deck-a perfect fusion of indoor and outdoor living.

Ensuring comfort throughout the seasons, the home is equipped with a reverse cycle air conditioning system. Convenience is elevated with the presence of a European laundry. Externally, the beautifully manicured gardens, adorned with Tasmanian Natives and two veggie beds, create a picturesque backdrop. The fully fenced yard allows for the enjoyment of children and pets in a secure environment.
The outdoor deck becomes a focal point for summer gatherings, barbecues, or simply appreciating the tranquillity of the backyard. Additional features include a separate garage/workshop, generously sized for a car, boat, or trailer, along with extra space for a workshop. Ample off-street parking adds to the practicality of the property.
Strategically located, this residence is only minutes away from Elphin Road buses, Scotch Oakburn, Launceston Church Grammar School, and within a stroll to the CBD. 26 Olive Street stands as a testament to timeless charm, modern functionality, and the perfect blend of indoor and outdoor living.

• Charming and updated home;
• Beautiful front porch and manicured gardens;
• Character features: polished timber flooring, high ceilings;
• Three sunlit bedrooms with built-in robes;
• Renovated central bathroom;
• Kitchen features quality appliances;
• Fully fenced yard for children and pets;
• Great outdoor deck space;
• Fully fenced yard with separate garage.

Year Built: 1922
House Size: 100m2
Land Size: 548m2
Council Rates: $1,948pa approx
Water Rates: $1,100pa approx
Municipality: Launceston Cirt Council
School Catchments: East Launceston Primary & Queechy High School
Zoning: General Residental

Sims for Property 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.

Property History for 26 Olive St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$753,000
25 Nov 2023
  • 25 Nov 2023
    Sold for $753,000
  • 21 Nov 2023
    Listed for Sale Best Offers Over $650,000
  • 10 Nov 2020
    Listed for Sale SOLD - Price Withheld
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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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Richard Sims
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Erin O'Grady
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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.