3/39 Lantana Ave, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 81m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
This charming, well-appointed unit is situated in a highly sought-after neighbourhood and offers comfortable, low maintenance living. The one-bedroom unit offers a sunny, spacious layout with open plan living, a functional kitchen, reverse cycle air-conditioning, and a secure, easy-care backyard. A fantastic first home or investment opportunity. • Warm and welcoming unit in a highly sought-after location• One-bedroom home with spacious, sunny rooms and good storage options including built-in robes• Functional kitchen with good cupboard and bench space• Open plan living with reverse cycle air-conditioning• Great natural light throughout• Private rear courtyard and secure, low-maintenance backyard• Single off-street parking space• No body corporate fees• Situated in a highly sought-after, family-friendly neighbourhood• Close to quality local schools, shops and conveniences and just moments from the Launceston CBD• A cosy and comfortable first home or a great investment opportunity Council rates: $241 p/q approx.Water rates: $200 p/q approx. Land size: 81m2 approx.Building size: 56m2 approx. Year built: 1972Currently tenanted at $210 per week until February 2021Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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:
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