OFF MARKET

32 Douglas Street
Newstead TAS 7250

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 151m2
Land area: 1495m2
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Property Details for 32 Douglas St, Newstead

32 Douglas St, Newstead is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1937. The property has a land size of 1495m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in April 2012.

Building Type
House
Year Built
1937
Floor Size
151m2
Land Size
1495m2
Local Government
Launceston
Lot/Plan
1/247978

Last Listing description (May 2012)

BIG BLOCK - 5 BEDROOMS - NEWSTEAD - PRIME POTENTIAL DEVELOPMENT SITE!
THERE ARE TWO REAL OPTIONS WITH THIS SUBSTANTIAL PROPERTY - CURRENTLY IT IS A ROOMY FIVE BEDROOM, TWO BATHROOM C1937 BRICK HOME SITTING ON A MAGNIFICENT PARCEL OF LAND THAT COULD BE FURTHER ENHANCED TO MAKE AN OUTSTANDING RESIDENCE OR ALTERNATIVELY THE SECOND OPTION IS AS A PRIME REDEVELOPMENT SITE (SUBJECT TO ALL RELEVANT APPROVALS) SITTING RIGHT IN THE HEART OF POPULAR NEWSTEAD. COMPRISING SOME 1480M2 OF LEVEL LAND THE PROPERTY IS CRYING OUT FOR FURTHER RENOVATION OR REDEVELOPMENT TO FULLY OPTIMISE THE MANY QUALITIES OF THE PROPERTY. AS FAR AS A GREAT LOCATION IT REALLY IS HARD TO BEAT AS IT IS SET NEAR OTHER QUALITY HOMES, WITHIN EASY WALKING DISTANCE TO LOCAL SCHOOLS AND SHOPS AND IS CURRENTLY LEASED UNTIL 9TH NOVEMBER 2012 AT $350PW. INSPECTION IS STRICTLY BY PRIOR APPOINTMENT - ARRANGE YOUR VIEWING NOW WITH THE SOLE AGENT ? CALL KEVIN HOUSE 0417897535 OR PETER BUSHBY 0419349500.

Property History for 32 Douglas St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$424,000
05 Apr 2012
Listed for Rent
$350/w
13 May 2011
  • 05 Apr 2012
    Sold for $424,000
  • 10 Mar 2012
    Listed for Sale $449,000
  • 24 Dec 2010
    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.