1/7 Lennon Rise, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1/7 Lennon Rise
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 95m2
Land area: 272m2
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Property Details for 1/7 Lennon Rise, Newstead

1/7 Lennon Rise, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 272m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2012.

Building Type
Unit
Year Built
2008
Floor Size
95m2
Land Size
272m2
Local Government
Launceston
Lot/Plan
1/153601

Last Listing description (December 2025)

Enjoy low-maintenance living in this stylish, modern unit perfectly positioned close to shops, schools, cafs, and the Kings Meadows Shopping Complex. Offering comfort, convenience, and beautiful views over Mount Barrow, this home is one not to miss!

Features & Benefits;
- Stunning elevated outlook across Mount Barrow

- Modern kitchen with quality finishes
- Reverse cycle heat pump for year-round comfort
- Sun-drenched deck - perfect for relaxing or entertaining
- Abundant natural light all day
- Handy garden shed for extra storage

Property Layout & Yard Features;
- Two bedrooms - main with walk-in wardrobe, second with built-in
- Open plan kitchen, dining and living area
- Two modern bathrooms
- Single carport plus additional off-street parking
- Easy-care gardens

Lease Details;
- $470.00 rent per week
- $1880.00 bond
- 11 month lease
- Pets are not considered

To arrange an inspection is very easy! To book a time to inspect the property, simply click on "book an inspection time" and select from the available times. By registering, you will be informed of any updates, changes, or cancellations for your appointment.

Property History for 1/7 Lennon Rise, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$255,000
28 May 2012
Listed for Rent
$470/w
02 Dec 2025
  • 02 Dec 2025
    Listed for Rent $470 / week
  • 26 Apr 2017
    Listed for Rent $290 / week
  • 13 Jul 2015
    Listed 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.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 147 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.