OFF MARKET

50 Hart Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 96m2
Land area: 625m2
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Property Details for 50 Hart St, Newstead

50 Hart St, Newstead is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 625m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1950
Floor Size
96m2
Land Size
625m2
Local Government
Launceston
Lot/Plan
170/54558

Last Listing description (March 2023)

This is a great opportunity to enter the market in one of Launceston's most sought-after suburbs. Located close to Newstead shops and services and a short drive to Launceston's CBD, this three bedroom home has been a successful rental property and is now available to move into or add tenants to enhance your investment portfolio. This property has the added bonus of of a 3 KW solar power system -there's never been a better time to lower your power costs!

Features:
A 1950 Weatherboard home on a flat easy-care block

Solar power system (8 solar panels)
Open plan kitchen and dining with a sliding door out to the private backyard
Three double bedrooms (all with wardrobes that can stay)
Updated bathroom with rainfall shower
Cosiness of wood heating
Spacious separate laundry
Single garage with garage door just needing to be re-hung
Carport and plenty of off street parking
Close to schools, shops, supermarkets and all city conveniences
An easy close walk to shops and services at Newstead shopping precinct
Only 4 minutes' drive to Launceston CBD

Contact Jeremy Wilkinson or Justin Reid for further information.

Rental estimate: Up to $440 pw
House size: 96 sqm
Garage/carport size: 40 sqm
Extra undercover area: 18 sqm
Land size: 625 sqm
Built: 1950
Council rates: TBA
Zoning: General Residential
Council: Launceston
Heritage listed: No

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

Property History for 50 Hart St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$435,000
30 Jan 2023
Listed for Rent
$230/w
16 Jan 2010
  • 30 Jan 2023
    Sold for $435,000
  • 16 Jan 2023
    Listed for Sale Best Offer Over $425,000
  • 11 May 2015
    Sold for $175,000
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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 6 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 104 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.