2/45 Newstead Crescent, Newstead, TAS 7250 | Apartment for sale | OnTheHouse
 
FOR SALE
Best Offer Above $420,000.

2/45 Newstead Crescent
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
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So Convenient in Newstead Crescent

Positioned beautifully on the ground floor corner of this highly sought-after complex, Unit 2/45 Newstead Crescent enjoys a lovely outlook over the colourful, manicured gardens and offers an exceptional opportunity for both investors and future owner occupiers alike.
This spacious and well presented unit features two generous bedrooms, both complete with built in robes, along with a separate study or optional third bedroom, providing flexibility for those working from home or needing additional accommodation. The expansive sunny living and dining area is filled with natural light and complemented by reverse cycle heating and cooling, ensuring year-round comfort.
The functional kitchen is well appointed with a wall oven and cooktop and enjoys a pleasant outlook over the beautifully maintained gardens. A private entrance adds to the appeal and sense of independence this lovely home provides.
Additional features include an under building car space along with a large separate storage facility a valuable bonus rarely found in unit living.
The complex itself is immaculately maintained, with stunning rose gardens and established grounds creating a peaceful and welcoming environment. Conveniently located within easy walking distance to the vibrant Newstead shopping precinct, you will enjoy close proximity to the supermarket, doctor’s surgery, bank, news agency, chemist and post office.
Currently leased to excellent tenants until April 2027 and returning a strong rental income, this property presents an outstanding opportunity for investors looking to commence or expand their property portfolio.
To arrange your inspection, call today.
Built: 1975
Body Corporate: $618.95 p/q approx
Council Rates: $1484.61 p/a approx
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Property Details for 2/45 Newstead Cres, Newstead

2/45 Newstead Cres, Newstead is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 94m2. The place is currently for sale with Local Real Estate.

Building Type
Apartment
Floor Size
94m2
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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. There are 8 parks, covering nearly 15.1% of the total area. The population of Newstead in 2016 was 5366 people. By 2021 the population was 5617 showing a population growth of 4.7% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newstead work in a professional occupation.In 2021, 66.20% of the homes in Newstead were owner-occupied compared with 64.40% in 2016.

Newstead has 2,764 properties. Over the last 5 years, Houses in Newstead have seen a 35.62% increase in median value, while Units have seen a 43.98% increase. As at 30 June 2026:

  • The median value for Houses in Newstead is $798,095 while the median value for Units is $508,899.
  • Houses have a median rent of $580 while Units have a median rent of $465.
There are currently 17 properties listed for sale, and 5 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 151 properties were sold in the past 12 months in Newstead.

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Stuart McLeod
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Jack Mccarthy
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