1/178 Abbott Street, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1/178 Abbott Street
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 243m2
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Property Details for 1/178 Abbott St, Newstead

1/178 Abbott St, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 243m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1984
Floor Size
87m2
Land Size
243m2
Local Government
Launceston
Lot/Plan
1/57946

Last Listing description (May 2023)

In a sunny, Easterly position with a bus-stop right out front and a short distance from schools, the
Punchbowl Reserve and the Newstead shopping precinct, and Launceston General Hospital this attractive 2-bedroom villa is an absolute gem in a great position.
On a low-maintenance block of land with a lovely front garden this home also has an enclosed side garden for veggies.

Sit on your balcony with your morning beverage, soak up the warmth of the sun, and gaze toward
the distant mountains...
Offering two good-sized bedrooms (both with built-ins), a bright, open-plan kitchen, dining and living
space heated or cooled by your reverse-cycle air conditioner, you will love living here or adding it to your portfolio.
A single garage offers protection for your vehicle or additional storage and the separate laundry
coupled with a neat bathroom simply complete this lovely package.
Please enquire for a personalized inspection.

Council rates: $375 p/q approx.
Water rates: $252 p/q approx.
Building size:87m2 approx.
Land size:243m2 approx.
Year built: 1984
Currently Tenanted at: $285 per week till September 2023
Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 1/178 Abbott St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$360,000
02 May 2023
  • 02 May 2023
    Sold for $360,000
  • 24 Apr 2023
    Listed for Sale Offers Over $375,000
  • 15 May 1997
    Sold for $70,000
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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 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 2,760 properties. Over the last 5 years, Houses in Newstead have seen a 52.43% increase in median value, while Units have seen a 52.17% increase. As at 28 February 2026:

  • The median value for Houses in Newstead is $762,837 while the median value for Units is $463,633.
  • Houses have a median rent of $550 while Units have a median rent of $465.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 145 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.