3/37 Lantana Avenue, Newstead, TAS 7250 sold on 03 January 2025 | OnTheHouse
SOLD
Sold on 03 Jan 2025 for $340,000

3/37 Lantana Avenue
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 95m2
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Property Details for 3/37 Lantana Ave, Newstead

3/37 Lantana Ave, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 95m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
69m2
Land Size
95m2
Local Government
Launceston
Lot/Plan
3/59494

Last Listing description (March 2025)

Positioned in the popular suburb of Newstead, 3/37 Lantana Avenue presents a fantastic opportunity to enter the market, downsize, or invest in a sought-after area. This low-maintenance property is designed for easy living, ensuring you can enjoy a stress-free lifestyle.

Step inside to discover an inviting open-plan living area where the functional kitchen provides ample storage and generous bench space. Flowing seamlessly from the kitchen is the dining and living area, offering a versatile space for relaxation and entertaining.

The property features two well-proportioned bedrooms, each complete with built-in robes to accommodate all your storage needs. The functional bathroom is conveniently located for easy access from both bedrooms.

For year-round comfort, a reverse-cycle air conditioning system ensures pleasant temperatures no matter the season. Outside, you'll find a private courtyard perfect for enjoying the outdoors, along with a single garage providing secure parking and additional storage space.

Situated in the heart of Newstead, this home benefits from its prime location close to local amenities. With schools, cafes, and shopping precincts just moments away, plus convenient access to local bus routes and Launceston CBD, everything you need is within easy reach. Don't miss this opportunity to secure a prime property in a highly desirable area.

- Low-maintenance, easy living;
- Open-plan living and dining area;
- Two bedrooms with built-in robes;
- Reverse-cycle air conditioning.

Year Built: 1971
House Size: 69sqm
Land Size: 95sqm
Council Rates: $1,390pa approx
Water Rates: $842pa approx
Municipality: Launceston
School Catchments: Punchbowl Primary, Kings Meadows & Queechy High School

Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 3/37 Lantana Ave, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$340,000
03 Jan 2025
Listed for Rent
$340/w
15 Mar 2024
  • 05 Feb 2025
    Listed for Sale $335,000 - $355,000
  • 03 Jan 2025
    Sold for $340,000
  • 13 Sep 2024
    Listed for Sale $335,000 - $355,000
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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, 146 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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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.