42 Cypress StreetNewstead TAS 7250
Property Details for 42 Cypress St, Newstead
42 Cypress St, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1945. The property has a land size of 335m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
Last Listing description (February 2022)
This functional three-bedroom home offers comfortable living in an excellent location. The home is neat and tidy and flooded with natural light. The garden wraps around the northern and eastern aspects providing privacy and a green outlook from the living areas, and the enclosed carport and rear verandah provide useful undercover areas.
Located in the ever-popular suburb of Newstead
Neat, tidy home with great natural light and well-proportioned rooms
Off-street parking options including a double carport
Low-maintenance yard with raised vegetable gardens
Only minutes from the CBD, and a short stroll from some of Launceston's best schools and shops
Council rates: $370 p/q approx.
Water rates: $250 p/q approx.
Land size: 335m2 approx.
Building size: 120m2 approx.
Year built: 1950
Rental estimate: $400-$420
Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 42 Cypress St, Newstead, TAS 7250
- 17 Jan 2022Sold for $480,000
- 31 Dec 2021Listed for Sale Best Offer Over $399,000
- 22 Nov 2019Listed for Rent $350 / week
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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.
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