OFF MARKET

4 Newstead Crescent
Newstead TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 240m2
Land area: 751m2
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Last updated 4 Nov 2024
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Property Details for 4 Newstead Cres, Newstead

4 Newstead Cres, Newstead is a 1 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 751m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1940
Floor Size
240m2
Land Size
751m2
Local Government
Launceston
Lot/Plan
2/121518

Last Listing description (April 2024)

This cute one bedroom partly furnished bedsit has become available to rent, this property is located in the popular location of Newstead and set above the main dwelling with shared gardens and grounds.

Features and Benefits;
One main bedroom / living space

Brand new compact kitchen with electric cooking facilities
Brand new bathroom

Property Layout & Yard Features;
Access is via the external stair case
Studio space with a queen bed & mattress
Small lounge chair & TV included
Small fridge in the kitchen (please note no other kitchen items are supplied)
Included in the rent is water & electricity

Lease Details and Property Connections;
Rent- $280.00 per week
Bond- $1,120.00bond
Lease Term - 12 Months

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Property History for 4 Newstead Cres, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$900,000
15 Jun 2021
  • 13 Mar 2024
    Listed for Rent $280 / week
  • 15 Jun 2021
    Sold for $900,000

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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.
There are currently 23 properties listed for sale, and 6 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Newstead.

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