SOLD
Sold on 09 Feb 2024 for $1,250,000

31 Riverdale Grove
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 235m2
Land area: 2271m2
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Property Details for 31 Riverdale Gr, Newstead

31 Riverdale Gr, Newstead is a 4 bedroom, 2 bathroom House and was built in 1941. The property has a land size of 2271m2 and floor size of 235m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
1941
Floor Size
235m2
Land Size
2271m2
Local Government
Launceston
Lot/Plan
7075/46

Property History for 31 Riverdale Gr, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,250,000
09 Feb 2024
  • 09 Feb 2024
    Sold for $1,250,000
  • 05 Mar 2020
    Sold for $950,000

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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 6 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Newstead.

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