4 Lantana AvenueNewstead TAS 7250
Property Details for 4 Lantana Ave, Newstead
4 Lantana Ave, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 584m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Newstead in the last 12 months.
Last Listing description (August 2024)
Positioned on a quiet street in Newstead, the home is privately set back behind an established hedge and garden.
On entrance you are met with a warm and inviting feel with the kitchen, living and dining areas well lit with natural lighting and complimented by a leafy outlook. Comprising of three bedrooms all generous in size and two with built- in robes. The family bathroom is centrally located and features a separate bath.
Previously occupied as an investment property with great rental history, this property presents opportunity for the new purchaser to move in straight away and enjoy themselves or secure a solid, low maintenance investment property in a high demand area.
Located within walking distance to multiple leading public and private schools, the Newstead shopping precinct, multiple parklands, and a short drive to the Launceston CBD.
This property will appeal to first home buyers, young families, downsizers, and investors alike.
If you would like more information or to inspect this property please get in contact with us today.
**Bushby Creese has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
Property History for 4 Lantana Ave, Newstead, TAS 7250
- 15 Jan 2024Sold for $552,000
- 14 Sep 2023Listed for Sale Not Disclosed
- 01 Nov 2022Listed for Rent $500 / week
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0About 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.
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