162 Abbott Street, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

162 Abbott Street
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 115m2
Land area: 683m2
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Property Details for 162 Abbott St, Newstead

162 Abbott St, Newstead is a 4 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1960. The property has a land size of 683m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
1960
Floor Size
115m2
Land Size
683m2
Local Government
Launceston
Lot/Plan
9/59381

Last Listing description (September 2020)

These 2 x 2 bedroom 1960's low maintenance apartments would be a great addition to your rental portfolio!
Both apartments are curently tenanted until Mid December 2020 at $295pw and $315pw respectively.

The apartments boast a lovely outlook, looking across to the mountains and the gardens have had a total make over,which make for super easy care.

With Newstead being so handy to all the best Schools, 5 minutes into Town and only 10 minutes to the Airport, this property is definately worth an inspection!

Property History for 162 Abbott St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$585,000
10 Mar 2020
Listed for Rent
$180/w
16 Sep 2014
  • 10 Mar 2020
    Sold for $585,000
  • 30 Sep 2019
    Listed for Sale Offers Over $595,000
  • 29 Dec 2018
    Sold for $540,000
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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 2,759 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 13 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.