OFF MARKET

48 David Street
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 98m2
Land area: 443m2
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Last updated 16 Sep 2024
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Property Details for 48 David St, Newstead

48 David St, Newstead is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 443m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
House
Year Built
1920
Floor Size
98m2
Land Size
443m2
Local Government
Launceston
Lot/Plan
4/60216

Last Listing description (March 2016)

Located on the corner of Malabar and David Streets, this renovated brick home offers an affordable opportunity to start or extend your investment portfolio or for a homeowner to secure a property in a sought after location. This home has two bedrooms, an updated bathroom, open plan kitchen, dining and living areas all heated by a convenient air conditioner. The modern kitchen features stainless steel appliances and plenty of bench and storage space.
The owner has made the most of the north facing backyard, with a large deck leading off the living area and the patio blinds make it easy to enjoy the sun throughout the seasons. All this and an easy to maintain yard and double garage, ensure this home is a great buy.
House: 98m

Land Size: 445m
Year Built: 1920
Rental return: $290 pw

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Property History for 48 David St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$270,000
23 Jan 2016
Listed for Rent
05 Jun 2014
  • 23 Jan 2016
    Sold for $270,000
  • 07 Oct 2015
    Listed for Sale BEST OFFER OVER $275,000
  • 28 May 2014
    Listed for Rent - Price not available
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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 2,754 properties. Over the last 5 years, Houses in Newstead have seen a 64.82% increase in median value, while Units have seen a 57.75% increase. As at 31 August 2024:

  • The median value for Houses in Newstead is $707,132 while the median value for Units is $387,298.
  • Houses have a median rent of $520 while Units have a median rent of $390.
There are currently 23 properties listed for sale, and 11 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Newstead.

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