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.
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
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**
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:
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