OFF MARKET

8/45 Newstead Crescent
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 93m2
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Property Details for 8/45 Newstead Cres, Newstead

8/45 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. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1975
Floor Size
93m2
Land Size
93m2
Local Government
Launceston
Lot/Plan
8/59325

Last Listing description (July 2022)

Always sought after and seldom offered. Unit 8 / 45 Newstead Crescent "Villa Bonita" is positioned beautifully to the rear of the complex on the ground level overlooking the colorful manicured gardens of this very popular complex. Quiet and spacious this unit consists of two generous size bedrooms, both with built in robes, master with full wall, large sunny living/dining with with wall mounted heating, functional kitchen with plenty of storage looks out over the gardens, large separate study/foyer or could easily convert to 3rd bedroom. There is the convenience of the under building car port with large extra storage facility additional. This unit complex and the grounds are meticulously maintained and just a delight to wander through the roses and so conveniently located just walking distance to all the fantastic services of Newstead shopping precinct which include supermarket, Dr surgery, news agency, chemist/post office. Units at Bonita Villa complex are always very sought after and this one is no exception being offered for the first time in 23 years. This fantastic unit is ideally suited to retiring down sizers or investors alike to add to or kick off their property portfolio. To move forward with your inspection call me now.

Property History for 8/45 Newstead Cres, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$395,000
04 Jul 2022
  • 04 Jul 2022
    Sold for $395,000
  • 17 May 2022
    Listed for Sale Best Offer Over $395,000
  • 25 Mar 1999
    Sold for $71,800
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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 70.50% increase in median value, while Units have seen a 54.46% increase. As at 30 November 2024:

  • The median value for Houses in Newstead is $723,220 while the median value for Units is $406,960.
  • Houses have a median rent of $520 while Units have a median rent of $395.
There are currently 18 properties listed for sale, and 7 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 111 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.