SOLD
Sold on 24 Jul 2024 for $330,000

6/88 Elphin Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 75m2
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Property Details for 6/88 Elphin Rd, Newstead

6/88 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1966. The property has a land size of 75m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
1966
Floor Size
75m2
Land Size
75m2
Local Government
Launceston
Lot/Plan
6/60071

Last Listing description (September 2024)

Welcome to 6/88 Elphin Road - a beautifully presented 2-bedroom unit offering a seamless blend of convenience, comfort, and modern living. Located in the highly sought-after Newstead area, this property promises an enviable lifestyle with its prime location and well-thought-out features.

Set off Elphin Road on the second level, this unit is perfectly positioned. Enjoy the convenience of walking to Newstead shops, top-rated schools, and the CBD, just a short stroll. The bus stop right out front ensures easy access to surrounding areas. Enjoy the convenience of an allocated off-street parking space, providing undercover - easy access to your vehicle.

The unit boasts an updated kitchen, dining, and lounge area, enhanced by beautiful afternoon sunlight, creating a warm and inviting space for relaxation and entertainment. Cook in style with a newly renovated kitchen featuring Westinghouse appliances. Two large bedrooms come with built-in robes, providing ample storage. The bathroom has also received a modern update and is neat, clean and neutral.

Whether you're seeking a comfortable home for easy living or a lucrative investment opportunity, 6/88 Elphin Road, Newstead ticks all the boxes. Don't miss out on this fantastic property.

Rental Estimate: Current Rent $380p/w. Lease End 08/01/2025
House size: 75m2
Land size: 75m2
Built: 1966
Rates: $1330 approx. p/a
Council Zoning: Residential
Council: City of 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.**

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Property History for 6/88 Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$330,000
24 Jul 2024
Listed for Rent
$370/w
02 Feb 2022
  • 24 Jul 2024
    Sold for $330,000
  • 03 Jun 2024
    Listed for Sale Not Disclosed
  • 25 Nov 2022
    Listed for Rent $370 / 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 2,733 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 3 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Newstead.

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