5/9-11 Rintala StreetNewstead TAS 7250
Property Details for 5/9-11 Rintala St, Newstead
5/9-11 Rintala St, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 158m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in July 2016.
Last Listing description (November 2016)
Investors, investors! Here is an opportunity in a highly sort after rental area, only 5 minutes from the heart of Launceston.
This pleasant 2 bedroom brick unit features a spacious lounge, built in robes in both bedrooms, combined bathroom/laundry, single carport and a good sized level garden perfect for planting veggies or relaxing in privacy.
Offering a stable rental return of $200 per week with the current tenant of two happy years hoping to be able to stay on beyond Oct 2016 when the current lease expires. And why not, such a low maintenance pad within walking distance of public transport, quality schools and a plethora of facilities.
Property Features:
- Fantastic investment opportunity
- Quality long term tenant
- Both double bedrooms have built ins
- Spacious open plan living area
- Private, fenced yard with garden shed
Property History for 5/9-11 Rintala St, Newstead, TAS 7250
- 22 Jul 2016Sold for $159,000
- 04 Feb 2016Listed for Sale $159,000 - $169,000
- 04 Jun 2015Listed for Sale $175,000 - $185,000
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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 2,731 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.
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