3/11 Balaka Place, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

3/11 Balaka Place
Newstead TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 62m2
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Property Details for 3/11 Balaka Pl, Newstead

3/11 Balaka Pl, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 62m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
1968
Floor Size
52m2
Land Size
62m2
Local Government
Launceston
Lot/Plan
3/59502

Last Listing description (May 2025)

Welcome to 3/ 11 Balaka Place, a newly updated one-bedroom unit featuring fresh paint, brand new carpets and a modern kitchen. This property is available now and ready for you to move in and make it home.

PROPERTY LAYOUT & YARD FEATURES:
Freshly painted throughout

Brand new carpets and curtains/drapes
Brand new white goods
Newly installed kitchen
Open plan kitchen/living
1 bedroom with freestanding cupboards and removable panel heater
Combined bathroom and laundry, with new vanity and washing machine
Brand new on wall heater in the living room
NBN ready
Small courtyard
Carport with one allocated parking space
Situated in a quiet cul-de-sac in the great suburb of Newstead

LEASE DETAILS:
Rent: $370.00 per week
Bond: $1480.00
Available now
12-month lease preferred
Sorry pets not suitable

** PLEASE NOTE: You must register to inspect this property as you will not be notified of any changes or cancellations to inspection times. **

Property History for 3/11 Balaka Pl, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$267,000
16 Oct 2024
Listed for Rent
$370/w
14 May 2025
  • 08 May 2025
    Listed for Rent $370 / week
  • 16 Oct 2024
    Sold for $267,000
  • 01 Mar 2006
    Sold for $100,000
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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 47.26% increase in median value, while Units have seen a 51.45% increase. As at 31 March 2026:

  • The median value for Houses in Newstead is $777,142 while the median value for Units is $497,916.
  • Houses have a median rent of $570 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 1 property listed for rent in Newstead on OnTheHouse. According to Cotality's data, 148 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.