OFF MARKET

7/45 Newstead Crescent
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 93m2
Land area: 93m2
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Property Details for 7/45 Newstead Cres, Newstead

7/45 Newstead Cres, Newstead is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 93m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
1975
Floor Size
93m2
Land Size
93m2
Local Government
Launceston
Lot/Plan
7/59325

Last Listing description (May 2020)

Located in a well known complex and in a sought after street this apartment is convenient to all facilities including medical services and is in within walking distance of quality schools. The apartment on the second level has separate kitchen, spacious living areas, generous bedrooms both with built ins, a combined bathroom/laundry and separate toilet. There is under cover parking with a storage room under the complex. Surrounded by attractive gardens there is plenty of space to relax in a quiet spot and enjoy the outdoors. Currently tenanted until November 2020 for $250 per week.
INSPECTION BY APPOINTMENT

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.

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Property History for 7/45 Newstead Cres, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$230,000
31 Mar 2020
Listed for Rent
$205/w
21 Dec 2015
  • 31 Mar 2020
    Sold for $230,000
  • 13 Mar 2020
    Listed for Sale Offers over $239,000
  • 30 Oct 2015
    Listed for Rent $205 / 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 2,754 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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