OFF MARKET

2A Cypress Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 187m2
Land area: 518m2
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Property Details for 2a Cypress St, Newstead

2a Cypress St, Newstead is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1949. The property has a land size of 518m2 and floor size of 187m2. While the property is not currently for sale or for rent, it was last sold in March 2013.

Building Type
House
Year Built
1949
Floor Size
187m2
Land Size
518m2
Local Government
Launceston
Lot/Plan
1/146192

Last Listing description (March 2013)

When Position Is A Priority
Located within a 10 minute walk to the CBD is this spacious brick and tile home in the much sought after area of Newstead.
The home is within a few minutes' walk to the junior campuses of Scotch Oakburn College and Launceston Church Grammar School and also Newstead College.

This well maintained and cared for home has three large bedrooms, two bathrooms, two separate living areas, plus a dining room and a room with an office/study option.
With small and easily maintained gardens this will make an excellent home for a buyer looking for a town base while the children go to school and college or a buyer looking to enjoy the convenience of such a wonderful location. Great value in this price bracket.

Property History for 2a Cypress St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$336,000
28 Mar 2013
  • 28 Mar 2013
    Sold for $336,000
  • 20 Mar 2013
    Listed for Sale $349,000

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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 2,733 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, 106 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.