OFF MARKET

6 Balaka Place
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 121m2
Land area: 589m2
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Last updated 11 Nov 2024
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Property Details for 6 Balaka Pl, Newstead

6 Balaka Pl, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 589m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Year Built
1965
Floor Size
121m2
Land Size
589m2
Local Government
Launceston
Lot/Plan
3/15069

Last Listing description (December 2018)

Ideally located in a quiet cul-de-sac in popular Newstead is this low maintenance brick home. Offering three good sized bedrooms, two with built in robes. Large, spacious kitchen/living area with plenty of storage options in the kitchen with a heat pump. A neat bathroom with separate toilet and recently painted throughout. Rear entertaining deck which is sure to be put to good use in the warmer months! Laundry is downstairs with plenty of space for a rumpus/additional bedroom. Single car garage with internal access, with new carpet throughout there is very little to do but move in! The yard is north facing with enough room for children, pets or perhaps a veggie garden.This home is located close to all local shopping, with just a short commute to the Launceston CBD and has multiple quality schools within the area.
Currently under contract

Property History for 6 Balaka Pl, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$332,000
30 Oct 2018
  • 30 Oct 2018
    Sold for $332,000
  • 16 Oct 2018
    Listed for Sale $329 000 - $349 000
  • 03 Jul 2000
    Sold for $75,000
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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 2,733 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, 106 properties were sold in the past 12 months in Newstead.

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