1/3 Walden StreetNewstead TAS 7250
Property Details for 1/3 Walden St, Newstead
1/3 Walden St, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1954. The property has a land size of 419m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
Last Listing description (November 2015)
Due to a new business venture this long standing investment has to be liquidated to make way for a new chapter in the owners lives.
A classic Newstead home built in the 50's it has all the period features you would expect. A large entrance hall instantly gives a good feel to the property. Exquisitely maintained you will be impressed on inspection with its spacious bedrooms and sunny living areas.
The bathroom was recently renovated to allow disabled access which will appeal to many tenants, however it is currently getting an excellent return at $610 per fortnight and the current tenants are keen to stay on.
Newstead has always been a popular inner suburb. Being close to schools and shopping this home offers many features for this entry price level.
Property History for 1/3 Walden St, Newstead, TAS 7250
- 06 Oct 2015Sold for $218,500
- 30 Sep 2015Listed for Sale Not Disclosed
- 11 Jul 1997Sold for $87,500
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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 2,759 properties. Over the last 5 years, Houses in Newstead have seen a 52.53% increase in median value, while Units have seen a 42.78% increase. As at 30 November 2025:
- The median value for Houses in Newstead is $727,366 while the median value for Units is $425,239.
- Houses have a median rent of $530 while Units have a median rent of $450.
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