OFF MARKET

3 Suffolk Street
Newstead TAS 7250

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 178m2
Land area: 626m2
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Property Details for 3 Suffolk St, Newstead

3 Suffolk St, Newstead is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 626m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1920
Floor Size
178m2
Land Size
626m2
Local Government
Launceston
Lot/Plan
1/46222

Last Listing description (August 2023)

This 1920's Federation home is the epitome of family living with space for everyone and it's now ready for a new lease on life. Perfectly positioned in Suffolk Street, Newstead, this home is your rare chance to own a sensational address with the opportunity to add your own touch to this great home.

The moment you arrive you will notice the beautiful federation features such as ceiling roses, ornate cornices and high ceilings throughout. The home features 5 bedrooms (currently configured as 4 bedrooms and a studio) with two offering built in robes and a shared ensuite area.

The kitchen space is positioned towards the back of the home and features great bench and cupboard space, plus quality appliances including a twin-drawer dishwasher and gas cooktop. Off the kitchen sits the dining space with access straight onto the outdoor balcony.

There is a beautiful separate formal living space at the front of the home, a sunroom and both a sunny patio as well as the covered outdoor balcony.

Downstairs offers multiple spaces, with three further bedrooms, a second bathroom, living, kitchen and rumpus area, plus another laundry space. This can be used as a self-contained area perfect for extended family, guest accommodation or a great teenage retreat area.

The home offers a great outdoor space with matured, manicured gardens and dedicated storage both outside and under the home.

There is no shortage of parking options with the home offering two garage spaces, a separate carport, plus a further dedicated off-street parking space.

Suffolk Street is close to great schools including Scotch Oakburn, East Launceston Primary and Launceston Preparatory School.

This beautiful home is within walking distance of East Launceston Cafes and Newstead Shopping complex and just a 5-minute trip into the heart of the Launceston CBD.

Some features in summary:
- 5 bedrooms plus 2 bathrooms;
- Beautiful federation features throughout;
- Great and extensive storage throughout, including substantial loft area
- Lower level offers multiple options including a self-contained area.

Built: 1920
Land size: 626m2 approx.
House size: 241m2 approx.
Water Rates: $1,000.00pa approx.
Council Rates: $2,000.00pa approx.
Municipality: Launceston City Council
School Catchments: East Launceston Primary & Queechy High School

Property History for 3 Suffolk St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$725,000
10 Jul 2023
  • 10 Jul 2023
    Sold for $725,000
  • 03 Mar 2023
    Listed for Sale $800,000 - $865,000
  • 22 Jul 2003
    Sold for $397,500
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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 2,754 properties. Over the last 5 years, Houses in Newstead have seen a 64.82% increase in median value, while Units have seen a 57.75% increase. As at 31 August 2024:

  • The median value for Houses in Newstead is $707,132 while the median value for Units is $387,298.
  • Houses have a median rent of $520 while Units have a median rent of $390.
There are currently 23 properties listed for sale, and 11 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 106 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.