SOLD
Sold on 16 May 2024 for $1,420,000

41 David Street
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 270m2
Land area: 1222m2
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Property Details for 41 David St, Newstead

41 David St, Newstead is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 2011. The property has a land size of 1222m2 and floor size of 270m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
2011
Floor Size
270m2
Land Size
1222m2
Local Government
Launceston
Lot/Plan
5/219016

Last Listing description (April 2021)

Enjoying a prime position in David Street, being only 450 metres from the East Launceston Primary School plus being adjacent to St Thomas Moores School, this high quality executive family home is nestled amongst leafy surrounds on a massive allotment of 1,222 sqm.

Offered to market for the first time since built in 2011, this property presents as new. The quality of fixtures and finishes are impeccable.

The residence provides living accommodation on a 4 bedroom, 2 bathroom basis, with study alcove, media room, and multiple living spaces. The private outdoor living spaces lead directly from the primary living areas and incorporate a built-in barbeque/ refrigerator unit, motorised awning for shade and outdoor tv. The home is heated and cooled with an efficient ducted reverse cycle Daikin air conditioning unit. The heating and cooling system are complimented by full double glazing and insulation.

Garaging is in the form of an oversize attached double garage with storage totalling 52 square metres or thereabouts. Additionally, a further detached high clearance garage / workshop of approximately 82 square metres. The detached garage has a number of possible alternate uses (STCA) with hot and cold water and plumbing services connected.
The rear yard is a family paradise with excellent privacy. The St Thomas Moores playing fields also adjoin the rear boundary of the property. Site development and landscaping is similarly impeccable including automated irrigation to the gardens, with a feature established palm of approximately 80 years, located in the front yard.

A home of this magnitude and quality in this location provides an exceptional opportunity. Call today for your private inspection, which will not disappoint. Expressions of Interest being sought around $1.2million.

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Property History for 41 David St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,420,000
16 May 2024
  • 16 May 2024
    Sold for $1,420,000
  • 29 Mar 2021
    Sold for $1,230,000
  • 22 Mar 2021
    Listed for Sale Expressions of Interest
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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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