OFF MARKET

5 Richards Avenue
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 234m2
Land area: 1192m2
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Property Details for 5 Richards Ave, Newstead

5 Richards Ave, Newstead is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 1192m2 and floor size of 234m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1900
Floor Size
234m2
Land Size
1192m2
Local Government
Launceston
Lot/Plan
1/43047

Last Listing description (August 2021)

A family home located in one of the prettiest pockets of Launceston is sure to pique the interest of many.

This fully modernised home with its large gracious rooms, stunning original flooring, impressive mantels, ceiling roses and feature timber fretwork, retains much of the old-world charm and is in one of Launceston's most tightly held areas.

A thoughtfully designed kitchen features high spec European appliances, loads of cupboards and benches perfect for those who love to cook.

The north-easterly aspect bathes this home in sun and the view from the living room out to the gardens is simply beautiful.

We all know that flexibility is the key to a good floor plan - 5 Richards Avenue has this covered. You have the choice of a 4th bedroom or a formal dining room without sacrificing important space for everyday family living.

Soaring 12ft ceilings
3/4 bedrooms, main with ensuite
Decorative fireplaces
Built in cabinetry throughout the enormous window seat being the standout.
Comfort all year round with a whisper quiet ducted system
Custom built raised garden beds all fully planted out for a summer harvest
Garaging for one car + open parking for a further 2
Security system

The entire home is surrounded by English style gardens that look beautiful in any season and completing this wonderful picture is the convenient location, equally close to the shops, cafes and health facilities of Newstead and within walking distance to both excellent public and private schools.

Property History for 5 Richards Ave, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,380,000
08 Aug 2021
  • 08 Aug 2021
    Sold for $1,380,000
  • 04 Aug 2021
    Listed for Sale $1.3m
  • 19 Nov 2018
    Sold for $945,000
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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 2,754 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.

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.