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.
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.
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:
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