OFF MARKET

4/45 Newstead Crescent
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 94m2
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Property Details for 4/45 Newstead Cres, Newstead

4/45 Newstead Cres, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 94m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1975
Floor Size
94m2
Land Size
94m2
Local Government
Launceston
Lot/Plan
4/59325

Last Listing description (October 2021)

Convenient Ground Floor Unit

Newstead Cresent is well sought-after address and the Villa Bonita unit complex been a landmark representing community and convenient living since 1975.

Unit 4 is positioned perfectly on the ground floor overlooking the lovely gardens that come alive in Spring. This neat unit consists of two generous size bedrooms, both with built in robes, functional kitchen with electric stove, effective wall heater in the main lounge/dining plus a 2nd sitting room or office space. Excellent parking with an undercover carport and additional storage locker is provided at the rear of the complex and internal entrance to the building is also a bonus.

Located in a position of extreme convenience, close to medical facilities, chemists, supermarkets and restaurants, you never have to go far for anything. Walk to the CBD in under 25 minutes and there is a bus stop on the corner. With a projected rental return of $280+ per week, this vacant unit is perfectly suited to investors or the downsizing retiree.

4/45 Newstead Cres at a glance:
Tidy 2 bedroom unit with extra sitting room
Single carport plus storage locker
Fantastic central location
Walking distance to shops, medical services
Vacant possession available
Rental estimate of $280+ per week

Property Info:
Body Corporate Fees: Approx. $2,000pa (building insurance and garden maintenance)
Rates: Approx. $1,400pa
Water Rates: Approx $1,000pa

Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property History for 4/45 Newstead Cres, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$310,000
22 Jul 2021
  • 22 Jul 2021
    Sold for $310,000
  • 13 Jul 2021
    Listed for Sale Offers Over $315,000
  • 11 Mar 2011
    Listed for Sale OFFERS OVER $199,000
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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, 104 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.