5 Cypress StreetNewstead TAS 7250
Property Details for 5 Cypress St, Newstead
5 Cypress St, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 78m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (January 2023)
Looking for something quiet and flat within an easy stroll to the Newstead Shopping Centre and the CBD? This delightful unit is freshly renovated and is ready for its next happy home owner.
Located in a quiet pocket of Newstead in an internal block known as Crompton Court, 5 Cypress St is ideal for those seeking a low maintenance lifestyle in an ultra-convenient location. Recently fully renovated including new kitchen, bathrooms, carpet, painting and appliances, it is ready for you to just move in and enjoy! Offering an open plan lounge and dining with heat pump and skylight, sunny kitchen and central bathroom combined laundry. With 2 bedrooms with built in robes, the main bedroom benefits from an ensuite, gas hot water, heat transfer from lounge AND double glazed windows to compliment the easy living.
The package is completed with a covered patio to sit and enjoy your morning coffee and private secure yard and single lock up garage. This unit will also appeal as a safe investment proposition with an estimated rental return of up to $400+ per week. Ideal for those thinking of investing now to retire later. Ticking all the boxes, this unit represents excellent value and won't last on the market for long!
5 Cypress St at a glance:
Freshly renovated 2 bedroom brick unit
Main bathroom PLUS ensuite
Private patio and garden
Single lock up garage with automatic door
Easy stroll to shopping precinct
1 of 4 units on block
Additional information:
Haier Washing machine and Chiq fridge included in sale
Land size: 100m2
Floor size: 78m2
Rates: Approx. 1,450 per annum
Water: Approx. $1,000 per annum
Body Corporate fees: $1,050 per annum inc. building insurance
No pets allowed
Gas hot water
Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements and boundary overlays are approximate.
Property History for 5 Cypress St, Newstead, TAS 7250
- 01 Feb 2023Sold for $482,500
- 24 Nov 2022Sold for $482,500
- 25 Oct 2022Listed for Sale Offers Over $499,000
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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