6 Balaka Pl, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 589m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
Ideally located in a quiet cul-de-sac in popular Newstead is this low maintenance brick home. Offering three good sized bedrooms, two with built in robes. Large, spacious kitchen/living area with plenty of storage options in the kitchen with a heat pump. A neat bathroom with separate toilet and recently painted throughout. Rear entertaining deck which is sure to be put to good use in the warmer months! Laundry is downstairs with plenty of space for a rumpus/additional bedroom. Single car garage with internal access, with new carpet throughout there is very little to do but move in! The yard is north facing with enough room for children, pets or perhaps a veggie garden.This home is located close to all local shopping, with just a short commute to the Launceston CBD and has multiple quality schools within the area.
Currently under contract
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 47.26% increase in median value, while Units have seen a 51.45% increase. As at 31 March 2026:
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