2/141 Abbott Street, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

2/141 Abbott Street
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 69m2
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Property Details for 2/141 Abbott St, Newstead

2/141 Abbott St, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 69m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
1976
Floor Size
69m2
Land Size
69m2
Local Government
Launceston
Lot/Plan
2/59078

Last Listing description (January 2025)

Beautiful Two Bedroom Unit in Tranquil Newstead
Nestled in a serene unit development in sought-after Newstead, this ground floor gem offers a rare opportunity for investors or longer term home-seekers alike. Situated in private compound, this one in a small block of four, enjoy the privacy and tranquility of spacious grounds and a quiet neighborhood.
Key Features:

Two Bedrooms, One Bathroom: Perfect for small families, couples, or as an investment property. (Both bedrooms have built in robes)
Single Carport Plus Open Parking: Convenience at your doorstep.
Tenanted Until Feb 2025: Enjoy strong returns from day one with a reliable, wonderful couple already in place.=
Short Distance to Shopping Centre and City: Easy access to amenities without the hustle and bustle.
Proximity to Excellent Schools, Parks, and Sporting Facilities: Ideal for families looking for convenience and quality living.

Whether you're looking to invest or settle into a peaceful lifestyle longer term, this unit ticks all the boxes. Don't miss out on this opportunity to own a slice of Newstead's serene living. Contact us today to arrange a viewing!

Property History for 2/141 Abbott St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$320,000
25 Oct 2024
Listed for Rent
$335/w
09 Dec 2022
  • 25 Oct 2024
    Sold for $320,000
  • 09 Jul 2024
    Listed for Sale O/O $320,000
  • 09 Dec 2022
    Listed for Rent $335 / week
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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 57.14% increase in median value, while Units have seen a 51.87% increase. As at 31 October 2025:

  • The median value for Houses in Newstead is $729,884 while the median value for Units is $417,106.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 146 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.