OFF MARKET

5 Junction Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 146m2
Land area: 696m2
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Property Details for 5 Junction St, Newstead

5 Junction St, Newstead is a 3 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 696m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
House
Year Built
1930
Floor Size
146m2
Land Size
696m2
Local Government
Launceston
Lot/Plan
14/222307

Last Listing description (June 2019)

This uniquely appealing home offers a versatile floorplan, a spacious, sunny interior, and an excellent blend of 1930s character and modern style.

The main level of the home consists of two bedrooms, multiple living and dining areas, a well-appointed, modern kitchen, and a large, covered deck with stunning mountain and city views. The rooms on this level of the home feature high ceilings, polished timber floors and quality carpets, and plenty of natural sunlight.

The third bedroom is located downstairs and has a separate entry - perfect for a teenager's privacy or perhaps a long-term guest who requires their own space.

An excellent feature of the property is the separate detached studio which offers a versatile space to be utilised as an additional bedroom, hobbyists workshop, or storage space.

Situated in one of Launcestons premier locations, the home is close to Newstead schools and shops and only a short drive to the City.

Water Rates: $231 p/q approx.
Council Rates: $375.50 p/q approx.
Land size: 694m2 approx.
Building size: 134m2 approx.
Year built: 1930
Rental estimate: $350.00 per week approx.

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.

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Property History for 5 Junction St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$355,000
16 Oct 2017
Listed for Rent
$320/w
25 Nov 2014
  • 16 Oct 2017
    Sold for $355,000
  • 27 Sep 2017
    Listed for Sale Best Offer Over $359,000
  • 01 Aug 2016
    Sold for $310,000
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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.

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