5 Tudor AvenueNewstead TAS 7250
Property Details for 5 Tudor Ave, Newstead
5 Tudor Ave, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 610m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (June 2023)
This is a wonderful opportunity to secure a neat character home in a premium location. Originally built in 1950 the house is structurally sound and has excellent upgrade potential.
The room configuration is simple though functional and includes three spacious bedrooms, open plan lounge and dining area, updated kitchen and bathroom with shower and vanity. The wide central hallway, high ceilings and original timber floors are reminders of a bygone era and with some general cosmetic work could be lifted beautifully.
A separate laundry and toilet are located at the rear of the house and the expansive backyard would allow for an extension of the existing roofline or the inclusion of a granny flat (STCA). There is a long-standing timber garden shed, an undercover outdoor area, single carport and a significant amount of driveway parking to complete the picture here.
Conveniently located only a 5-minute drive from Launceston CBD and within walking distance to the Newstead shopping precinct this is a property not to miss.
Annual Launceston City Council Rates $1,500.00 Approx.
Annual Taswater Rates $1,100.00 Approx. + usage
Property Wise Rental Appraisal $480.00 - $500.00 per week
Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided.
Property Code: 474
Property History for 5 Tudor Ave, Newstead, TAS 7250
- 13 May 2023Sold for $480,000
- 09 Mar 2023Listed for Sale Not Disclosed
- 01 Sep 2021Listed for Rent $420 / 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 2,732 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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