7 Balaka Place, Newstead, TAS 7250 sold on 29 April 2026 | OnTheHouse
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Sold on 29 Apr 2026 for $640,500

7 Balaka Place
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 132m2
Land area: 529m2
Sold By
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Three Rivers Real Estate
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Property Details for 7 Balaka Pl, Newstead

7 Balaka Pl, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1969. The property has a land size of 529m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 3 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
1969
Floor Size
132m2
Land Size
529m2
Local Government
Launceston
Lot/Plan
9/15069

Last Listing description (April 2026)

Call Jessica Hogarth on 0488 016 035 for details

Property History for 7 Balaka Pl, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$640,500
29 Apr 2026
  • 29 Apr 2026
    Listed for Sale Offers over $650,000
  • 29 Apr 2026
    Sold for $640,500
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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 2,758 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:

  • The median value for Houses in Newstead is $777,142 while the median value for Units is $497,916.
  • Houses have a median rent of $570 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 152 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.