OFF MARKET

28 Olive Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 123m2
Land area: 582m2
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Property Details for 28 Olive St, Newstead

28 Olive St, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1927. The property has a land size of 582m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in July 2006.

Building Type
House
Year Built
1927
Floor Size
123m2
Land Size
582m2
Local Government
Launceston
Lot/Plan
1/68054

Last Listing description (August 2015)

- 3 BEDROOM HOME WITH 1 BATHROOM & BRAND NEW SEPARATE 1 BEDROOM UNIT LOCATED BEHIND- 2 SEPARATE LIVING AREAS WITH POLISHED FLOORBOARDS THROUGHOUT - CLOSE TO CBD, SCHOOLS & SHOPPING CENTRES - UPDATED KITCHEN & BATHROOM IN A VERY HIGH DEMAND SUBURB- HEAT PUMP & SECURE OFF STREET PARKING PLEASE CALL LIVING HERE ON 6332 3500 TO ARRANGE A TIME TO WALK THROUGH THIS PROPERTY WITH ONE OF OUR AGENTS.FEATURES INCLUDE: AIR CONDITIONING, CLOSE TO SCHOOLS, CLOSE TO SHOPS, CLOSE TO TRANSPORT, SECURE PARKING

Property History for 28 Olive St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$190,000
10 Jul 2006
Listed for Rent
$350/w
09 Aug 2015
  • 04 May 2015
    Listed for Rent - Price not available
  • 24 Feb 2012
    Listed for Rent $270 / week
  • 10 Jul 2006
    Sold for $190,000

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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 5 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 105 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.