OFF MARKET

32 Walden Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 144m2
Land area: 539m2
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Property Details for 32 Walden St, Newstead

32 Walden St, Newstead is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1957. The property has a land size of 539m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1957
Floor Size
144m2
Land Size
539m2
Local Government
Launceston
Lot/Plan
18/55049

Last Listing description (August 2023)

This timeless home in Walden Street just so typifies 1950s/1960s Newstead, "solid as a rock real estate". The home is extremely comfortable in its current state but definitely opens up the opportunity to bring it into the current era. The lounge offers a picture window with a view across Newstead towards Punchbowl. A modern touch with the home is the instantaneous, flick of the switch of the reverse cycle unit, giving heat in the winters and cooling in the summer. The kitchen and bathroom are completely serviceable but for the renovator, it's a great project to get your teeth into.

The tongue and grooved flooring throughout the home are the unique 65ml size and while excellent as they are, a sand and polish will bring them up as new! The size of the block gives plenty of backyard with an option to extend, but perhaps the greatest lure is the suburb of Newstead. Launceston's finest schools, whether they be public or private, are a virtual stones' throw away, as are the eateries of Abbott Street and Elphin Road. And life's necessities of supermarket, chemist and medical are in shopping hub of Newstead. All this and only five minutes to Launceston Central Business District.

*We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.

Property History for 32 Walden St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$480,000
23 Jun 2023
  • 02 Aug 2023
    Listed for Sale Offers Over $479,000
  • 23 Jun 2023
    Sold for $480,000
  • 16 Jun 2023
    Listed for Sale Offers Over $479,000
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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.