OFF MARKET

7 Richards Avenue
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 205m2
Land area: 795m2
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Property Details for 7 Richards Ave, Newstead

7 Richards Ave, Newstead is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1922. The property has a land size of 795m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Year Built
1922
Floor Size
205m2
Land Size
795m2
Local Government
Launceston
Lot/Plan
2/28435

Last Listing description (June 2020)

Feeling cramped in your current rental? This large property is in one of Launceston's most highly sought after locations, and only a short walk to Launceston's best schools.

- Elevated block and located in a quiet street.

- Stunning garden presentation.
- Entrance hall with reverse cycle air conditioning/heat pump.
- Formal lounge area with gas heating.
- Formal dining room with electric heating.
- Large kitchen with pantry and breakfast area.
- Very large informal living area at the rear of the home with wood heater.
- 3 nicely sized bedrooms.
- 2 bathrooms.
- Study/sunroom.
- Under house storage.
- Single carport.
- Wonderful gardens with an abundance of fresh flowers to pick.
- Within walking distance to a number of local schools and colleges
- Pets on application.
- Gardener included.

Property History for 7 Richards Ave, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$220,000
12 Jan 2022
Listed for Rent
$380/w
10 Jun 2020
  • 12 Jan 2022
    Sold for $220,000
  • 21 May 2020
    Listed for Rent $380 / week
  • 10 Sep 2018
    Listed for Rent $380 / 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 2,731 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 5 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.