FOR SALE

7/45 Newstead Crescent
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 93m2
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This property is currently on the market
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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 1 parking spaces and was built in 1975. The property has a land size of 93m2 and floor size of 93m2.This Property is currently listed for sale with Roberts Real Estate Launceston

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

Last Listing description (March 2025)

Welcome to apartment living in a sought after location .

This 2-bedroom unit offers a perfect blend of low maintenance living and urban convenience, making it an ideal choice for first-time buyers, downsizers, or savvy investors.

Step inside to an open-plan living room with a separate kitchen overlooking the pretty gardens. There are 2 double bedrooms both with generous built ins, bathroom with separate bath and shower plus a separate toilet. The bathroom also includes laundry facilities.

The separate carport for the apartment is housed underneath the building and includes a lock up storage room.

Located in the popular suburb of Newstead, this property is conveniently located near local amenities, medical facilities, schools, parks, and public transport options.

This property is ready to enjoy a relaxed lifestyle with the added opportunity to add your own touch with some cosmetic updates.

Apartment living
Spacious floor plan
2 double bedrooms
Convenient location
Facilities within a stroll
Carport with storage room

"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 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
  • 05 Feb 2025
    Listed for Sale $380,000-$415,000
  • 31 Mar 2020
    Sold for $230,000
  • 13 Mar 2020
    Listed for Sale Offers over $239,000
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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 2,758 properties. Over the last 5 years, Houses in Newstead have seen a 52.70% increase in median value, while Units have seen a 45.71% increase. As at 28 February 2025:

  • The median value for Houses in Newstead is $680,069 while the median value for Units is $404,798.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 17 properties listed for sale, and 5 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Newstead.

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