40 Walden StreetNewstead TAS 7250
Property Details for 40 Walden St, Newstead
40 Walden St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 554m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in November 2006.
Last Listing description (October 2008)
Great Investment
A near & tidy one bed unit bringing $135pw (5.42% return) & leased until January 2009. Located in one of Launceston's most sort after suburbs and only 5 minutes walk to the thriving Newstead shopping complex where you have everything you could need from doctors, chemists, banks, take away outlets, fashion, hair salons, restaurants and the long established Newstead Hotel to name a few. A great place to live! A great place for capital growth!
Proudly listed & marketed by Harcourts Launceston. For more information, contact your local area expert Tony Morrison on 0418 130 563.
Property History for 40 Walden St, Newstead, TAS 7250
- 05 Sep 2008Listed for Rent - Price not available
- 06 Aug 2008Listed for Sale $119,500
- 22 Nov 2006Sold for $380,000
Recent sales nearby
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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.
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