OFF MARKET

5 Balaka Place
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 171m2
Land area: 589m2
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Property Details for 5 Balaka Pl, Newstead

5 Balaka Pl, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1967. The property has a land size of 589m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
1967
Floor Size
171m2
Land Size
589m2
Local Government
Launceston
Lot/Plan
10/15069

Last Listing description (September 2020)

This great all rounder is sure to appeal to investors, first home buyers, young families or retirees looking to downsize!
Facing due North with a great outlook, bright natural light fills the home from every corner. The modern kitchen contributes to an already fresh and contemporary feel throughout the property.
The flowing floorplan includes a lounge room, open kitchen/dining, and second living room/playroom ensuring that theres more than enough living space for the family to enjoy.

Theres also an added bonus of a rumpus area downstairs, perfect for the home gym, storage or a place to find some stillness from the rest of the family.
All three spacious bedrooms have built in robes with the master offering fantastic northern views, while the family bathroom and two separate toilets are all closeby.
Externally you will find ample parking with an internal access double garage, as well as extra off street parking, rear deck, garden shed and a spacious yard that is perfect for pets and children to play.
Situated in ever popular Newstead the property is walking distance to quality schools, parks/reserves and transport links.

Land size: 589m2 approx.
Building size: 171m2 approx.
Year built: 1967
Rental estimate: Currently rented on a month by month lease for $410 p/w

The information on this website has in part been supplied to Harrison Humphreys Pty. Ltd .by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties.

The information on this website has in part been supplied to Harrison Humphreys Pty. Ltd. by third parties and Harrison Humphreys Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.

Property History for 5 Balaka Pl, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$380,000
25 Sep 2020
Listed for Rent
$395/w
15 Jan 2019
  • 25 Sep 2020
    Sold for $380,000
  • 28 Mar 2020
    Listed for Sale $369,000- $399,000
  • 17 Dec 2018
    Listed for Rent $395 / 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 2,731 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 5 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.