48 Olive StreetNewstead TAS 7250
Property Details for 48 Olive St, Newstead
48 Olive St, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1949. The property has a land size of 493m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in February 2004.
Last Listing description (December 2020)
This very appealing renovated 3 bedroom home is situated in the heart of Newstead. The home features polished floorboards throughout. The modern kitchen boasts plenty of cupboards, ceramic hot plates and stainless steel appliances including a dishwasher. The home is heated and cooled with a reverse cycle heatpump. Two of the 3 bedrooms have built in robes and the bathroom/toilet has a bath, vanity and separate shower. The laundry is separate. There is a glass sliding door leading out from the dining room into the leafy back yard area which is fully fenced. The gardens are immaculate. There is off street parking and a garden shed provided for storage. This is a lease break which expires in May 2021 however a 12 month lease is available. Available: 22/10/2020, Pets considered on application.
Property History for 48 Olive St, Newstead, TAS 7250
- 02 Oct 2020Listed for Rent $370 / week
- 01 Jun 2011Listed for Rent - Price not available
- 21 Aug 2010Listed for Rent - Price not available
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About Newstead 7250
The size of Newstead is approximately 3.9 square kilometres. There are 8 parks, covering nearly 15.1% of the 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 2,761 properties. Over the last 5 years, Houses in Newstead have seen a 41.72% increase in median value, while Units have seen a 37.69% increase. As at 31 May 2026:
- The median value for Houses in Newstead is $795,372 while the median value for Units is $494,024.
- Houses have a median rent of $585 while Units have a median rent of $465.
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