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Sold on 15 Mar 2024 for $597,500

6 Richards Avenue
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 850m2
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Property Details for 6 Richards Ave, Newstead

6 Richards Ave, Newstead is a 4 bedroom, 2 bathroom House. The property has a land size of 850m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Land Size
850m2
Local Government
Launceston
Lot/Plan
1/227270

Last Listing description (March 2024)

Nestled in an exclusive pocket of Launceston, this charming 1900s weatherboard home presents a rare and unique opportunity for those with a vision to restore and rejuvenate a piece of history. Positioned on a generous 850sqm north-facing block, this turn-of-the-century weatherboard classic still holds the feeling of a much loved family home for generations passed but now requires substantial renovations.

This is a once-in-a-lifetime opportunity to craft your dream home in one of Launceston's most sought-after locations. The original framework provides a solid foundation for transforming this residence into a modern masterpiece, while preserving its historical charm. Whether you're drawn to the challenge of restoring a character home or envisioning a complete contemporary overhaul, this property promises endless potential to create a stunning family residence tailored to your lifestyle and taste.

6 Richards Avenue at a glance:

• 1900s weatherboard home in original condition
• Desirable 850sqm north-facing block
• Restore the character or complete contemporary overhaul
• Sitting in an exclusive pocket of Launceston
• Just a stone's throw to shops, schools and facilities

"Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Please note, photos are indicative of the property only."

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Property History for 6 Richards Ave, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$597,500
15 Mar 2024
  • 15 Mar 2024
    Sold for $597,500

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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 2,754 properties. Over the last 5 years, Houses in Newstead have seen a 64.82% increase in median value, while Units have seen a 57.75% increase. As at 31 August 2024:

  • The median value for Houses in Newstead is $707,132 while the median value for Units is $387,298.
  • Houses have a median rent of $520 while Units have a median rent of $390.
There are currently 23 properties listed for sale, and 11 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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Jess Christmas and Michael Walsh
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