1/41 Newstead CrescentNewstead TAS 7250
Property Details for 1/41 Newstead Cres, Newstead
1/41 Newstead Cres, Newstead is a 3 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1992. The property has a land size of 250m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
Last Listing description (March 2019)
* Neat three bedroom unit with almost 6% yield
* Available to move straight into
* Located in popular Newstead - only 450m to shops and supermarket
* Excellent floor plan - master with leadlight windows, walk in robe and ensuite
* Large main bathroom and separate laundry
* Convenience of air conditioning
* Front unit (only 2 on the block) with a private northern deck and established trees
* Great investment opportunity, new carpet
* Double parking underneath
* Close to quality public and private schools and all city conveniences
* Security system
* NBN connected
Click on the 'External Link' below for the virtual furnishing floorplan and video tour. Contact Jeremy Wilkinson for your inspection.
Rental estimate: $340 - $350 per week
Unit size: 103m
Land size: 250m
Built: 1992
Rates: $1312 pa
Council Zoning: 10.0 General Residential
Council: Launceston City
Heritage listed: No
*All measurements are approximate
Property History for 1/41 Newstead Cres, Newstead, TAS 7250
- 15 Feb 2019Sold for $315,000
- 03 Oct 2018Listed for Sale Best Offer Over $315,000
- 31 Mar 2016Listed for Rent - Price not available
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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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