OFF MARKET

3/39 Lantana Avenue
Newstead TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 81m2
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Property Details for 3/39 Lantana Ave, Newstead

3/39 Lantana Ave, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 81m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
1972
Floor Size
56m2
Land Size
81m2
Local Government
Launceston
Lot/Plan
3/59414

Last Listing description (August 2020)

This charming, well-appointed unit is situated in a highly sought-after neighbourhood and offers comfortable, low maintenance living. The one-bedroom unit offers a sunny, spacious layout with open plan living, a functional kitchen, reverse cycle air-conditioning, and a secure, easy-care backyard. A fantastic first home or investment opportunity. • Warm and welcoming unit in a highly sought-after location• One-bedroom home with spacious, sunny rooms and good storage options including built-in robes• Functional kitchen with good cupboard and bench space• Open plan living with reverse cycle air-conditioning• Great natural light throughout• Private rear courtyard and secure, low-maintenance backyard• Single off-street parking space• No body corporate fees• Situated in a highly sought-after, family-friendly neighbourhood• Close to quality local schools, shops and conveniences and just moments from the Launceston CBD• A cosy and comfortable first home or a great investment opportunity Council rates: $241 p/q approx.Water rates: $200 p/q approx. Land size: 81m2 approx.Building size: 56m2 approx. Year built: 1972Currently tenanted at $210 per week until February 2021Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 3/39 Lantana Ave, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$180,000
22 Jul 2020
Listed for Rent
$210/w
04 Feb 2020
  • 22 Jul 2020
    Sold for $180,000
  • 13 Jul 2020
    Listed for Sale Best Offer Over $149,000
  • 29 Jan 2020
    Listed for Rent - Price not available
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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.