37 Mckellar RoadNewstead TAS 7250
Property Details for 37 Mckellar Rd, Newstead
Last Listing description (September 2016)
Well Positioned with excellent views across Newstead this ideal project awaits for a trendy warehouse conversion. Built in solid brick and concrete ring beam the building lends itself to an extension, mezzanine or additional level. Furthermore with the building directly at the front of the block the property is ideal for an additional dwelling to the rear (s.t.c.a).
An ideal entry level project and one to surely reward the buyer with future profit!
For further details please contact Blake Shepherd
Property History for 37 Mckellar Rd, Newstead, TAS 7250
- 18 Sep 2019Sold for $270,000
- 25 Jul 2018Sold for $210,000
- 10 Jun 2016Sold for $210,000
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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.
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