OFF MARKET

85 Olive Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 697m2
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Property Details for 85 Olive St, Newstead

85 Olive St, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 697m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in September 2014.

Building Type
House
Year Built
1950
Floor Size
96m2
Land Size
697m2
Local Government
Launceston
Lot/Plan
29/54558

Last Listing description (October 2014)

A golden opportunity to enter the Newstead real estate market has presented itself at 85 Olive Street.
Conveniently located within walking distance of Coles supermarket and the many shops at Newstead along with public transport, it's an exceptional location.
This weatherboard home has 3 bedrooms, bathroom, laundry, lounge and a kitchen / dining room. Outside there is an undercover bbq area, garage and workshop area.

With a bit of imagination and some hard work, you could transfer this property into a comfortable home. To book a viewing, please feel free to contact me.

Paul Flanagan : 0408 139 862

Property History for 85 Olive St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$210,000
16 Sep 2014
Listed for Rent
$215/w
12 Jan 2013
  • 16 Sep 2014
    Sold for $210,000
  • 14 Aug 2014
    Listed for Sale $220,000
  • 12 Dec 2012
    Listed for Rent $215 / 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 2,733 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 3 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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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.