5/11 Balaka Place, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

5/11 Balaka Place
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 57m2
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Property Details for 5/11 Balaka Pl, Newstead

5/11 Balaka Pl, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 57m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in August 2014.

Building Type
Unit
Year Built
1968
Floor Size
57m2
Land Size
57m2
Local Government
Launceston
Lot/Plan
5/59502

Last Listing description (August 2023)

Enjoy this sunny and spacious 2 bedroom home located in the popular suburb of Newstead.

Property features:
- 2 bedrooms

- Main bedroom has built in wardrobes
- Reverse cycle heat pump
- Open plan living, dining and kitchen

To book an inspection for this property please click on 'email agent' to arrange. By registering, you will be INSTANTLY informed of any updates changes or cancellations for your appointment or alternatively call Living Here on 6332 3500 to organise an inspection.
To apply we would like you to view the property with a representative from Living Here so we can make sure the property suits your needs.

Property History for 5/11 Balaka Pl, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$143,000
08 Aug 2014
Listed for Rent
$330/w
18 Jul 2023
  • 18 Jul 2023
    Listed for Rent $330 / week
  • 09 Nov 2022
    Listed for Rent $330 / week
  • 19 Oct 2021
    Listed for Rent $290 / 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 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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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.