1 Walden Street, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1 Walden Street
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Floor area: 116m2
Land area: 703m2
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Property Details for 1 Walden St, Newstead

1 Walden St, Newstead is a 4 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1955. The property has a land size of 703m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in December 1999.

Building Type
Unit
Year Built
1955
Floor Size
116m2
Land Size
703m2
Local Government
Launceston
Lot/Plan
1/59763

Last Listing description (October 2008)

ATTENTION ASTUTE INVESTORS!
A TIDY BLOCK OF 4, 1 BEDROOM UNITS PAYING A YEARLY RENTAL OF $28,340 (5.67% RETURN) & LEASED UNTIL JANUARY/FEBRUARY 2009. LOCATED IN ONE OF LAUNCESTON'S MOST SORT AFTER SUBURBS AND ONLY 5 MINUTES WALK TO THE THRIVING NEWSTEAD SHOPPING COMPLEX WHERE YOU HAVE EVERYTHING YOU COULD NEED FROM DOCTORS, CHEMISTS, BANKS, TAKE AWAY OUTLETS, FASHION, HAIR SALONS, RESTAURANTS AND THE LONG ESTABLISHED NEWSTEAD HOTEL TO NAME A FEW. A GREAT PLACE FOR CAPITAL GROWTH! A GREAT INVESTMENT OPPORTUNITY!
PROUDLY LISTED & MARKETED BY HARCOURTS LAUNCESTON. FOR MORE INFORMATION, CONTACT YOUR LOCAL AREA EXPERT TONY MORRISON ON 0418 130 563.

Property History for 1 Walden St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$94,500
21 Dec 1999
  • 06 Aug 2008
    Listed for Sale $479,500
  • 21 Dec 1999
    Sold for $94,500
  • 08 Feb 1991
    Sold for $85,000
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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 2,758 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 9 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.