4 Lantana Avenue, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

4 Lantana Avenue
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 109m2
Land area: 584m2
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Property Details for 4 Lantana Ave, Newstead

4 Lantana Ave, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 584m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
House
Year Built
1950
Floor Size
109m2
Land Size
584m2
Local Government
Launceston
Lot/Plan
7/80328

Last Listing description (August 2024)

Positioned on a quiet street in Newstead, the home is privately set back behind an established hedge and garden.

On entrance you are met with a warm and inviting feel with the kitchen, living and dining areas well lit with natural lighting and complimented by a leafy outlook. Comprising of three bedrooms all generous in size and two with built- in robes. The family bathroom is centrally located and features a separate bath.

Externally the home offers multiple deck areas perfect for family enjoyment or entertaining guests. The North facing rear yard is fully fenced and includes an alfresco area and low maintenance, landscaped gardens. Finally, the property offers a secure lock-up car port, ample storage underneath the home and extra off-street parking options.

Previously occupied as an investment property with great rental history, this property presents opportunity for the new purchaser to move in straight away and enjoy themselves or secure a solid, low maintenance investment property in a high demand area.

Located within walking distance to multiple leading public and private schools, the Newstead shopping precinct, multiple parklands, and a short drive to the Launceston CBD.

This property will appeal to first home buyers, young families, downsizers, and investors alike.

If you would like more information or to inspect this property please get in contact with us today.

**Bushby Creese 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. All measurements are approximate**

Property History for 4 Lantana Ave, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$552,000
15 Jan 2024
Listed for Rent
$500/w
15 Nov 2022
  • 15 Jan 2024
    Sold for $552,000
  • 14 Sep 2023
    Listed for Sale Not Disclosed
  • 01 Nov 2022
    Listed for Rent $500 / 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 2,759 properties. Over the last 5 years, Houses in Newstead have seen a 57.47% increase in median value, while Units have seen a 44.47% increase. As at 31 December 2025:

  • The median value for Houses in Newstead is $759,959 while the median value for Units is $430,815.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 143 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.