29 Newstead Cres, Newstead is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 1708m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in August 2015.
The opportunity to purchase in this area doesn't come along very often. Nestled in Newstead Crescent you will find this idyllic 3 bedroom brick and tile home with so much to offer in such a secluded spot. A large decorative lounge with Reverse cycle air con and wood heater leads into the dining area and open plan kitchen. King size master bedroom has fitted wardrobes, the home has been extensively re-plumbed and re-wired, plus a new bathroom, suitable for all types of purchasers especially families, retirees or investors, currently on a long term tenancy agreement of 7 years and now on a month by month and wishing to continue if possible. Currently achieving a rate of $345.00 per week. Downstairs has a studio room which could be used as an extra sleep out plus another toilet and plenty of storage with level off street parking.
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:
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