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: 2
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, 2 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 (August 2026)

Positioned in a peaceful Newstead cul-de-sac, this beautifully refreshed family home offers the perfect combination of space, comfort and convenience. Freshly updated throughout with new carpets, fresh paint, modern window furnishings and new whitegoods, the home is move-in ready and designed to accommodate a range of lifestyles. Multiple living zones, three generous bedrooms and two bathrooms provide flexibility for families, professionals or those simply seeking extra space.

Enjoy elevated views from the sun-filled front deck, a private backyard perfect for entertaining, and the convenience of a secure double garage with internal access and ample storage. Located just moments from quality schools, local shopping, cafs, parks and public transport, with the Launceston CBD only a short drive away, this is an exceptional opportunity to secure a quality home in one of Newstead's most sought-after locations.

TERMS OF TENANCY:

Rent: $650 per week
Available: Now
Lease Length: 12 months
Pet Policy: At any stage before or throughout this tenancy, the tenant will be required to seek the owner's consent using the approved form to keep a pet at the premises.
Inspection: Please register for inspections online

HOW TO APPLY:
Submit your application via the "APPLY" button here on Realestate.com.au

PROPERTY FEATURES:
- Freshly updated throughout with new carpets, fresh internal paint, modern window furnishings and new whitegoods
- Spacious three bedroom, two bathroom home designed for comfortable family living
- Light filled living area creating a warm and inviting atmosphere
- Open plan living, dining and kitchen layout ideal for everyday living and entertaining
- Reverse cycle heating for year round comfort
- Contemporary kitchen featuring a new oven, cooktop, dishwasher and ample storage
- Convenient European style laundry positioned off the kitchen
- Three generous bedrooms, each complete with built-in robes
- Well appointed main bathroom featuring both a separate shower and bathtub
- Separate toilet for added family convenience
- Versatile downstairs rumpus room, ideal as a second living area, home office or gym
- Second bathroom complete with shower, vanity and toilet located downstairs
- Secure double garage with internal access, offering excellent parking, storage or workshop space
- Generous under house storage
- Sun drenched front deck with elevated views across Newstead, complete with a shade sail for year round enjoyment
- Private, low maintenance backyard with plenty of space to relax or entertain
- Peacefully positioned in a quiet cul-de-sac with minimal through traffic
- Conveniently located close to quality schools, shopping centres, cafs, parks and public transport
- Just minutes from the Launceston CBD, offering the perfect balance of suburban tranquillity and city convenience

ABOUT THE AREA:
Newstead is one of Launceston's most highly regarded suburbs, offering an exceptional combination of lifestyle, convenience and community. Home to quality schools, boutique cafs, local shopping, sporting facilities and beautiful parks, it's a suburb that continues to appeal to families and professionals alike.

With the Launceston CBD just a short drive away, residents enjoy easy access to employment, dining and entertainment while benefiting from the peaceful, established surroundings that make Newstead one of Northern Tasmania's most sought-after places to call home.

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 Jul 2026
    Listed for Rent $650 / week
  • 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. 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 2,766 properties. Over the last 5 years, Houses in Newstead have seen a 35.62% increase in median value, while Units have seen a 43.98% increase. As at 30 June 2026:

  • The median value for Houses in Newstead is $798,095 while the median value for Units is $508,899.
  • Houses have a median rent of $580 while Units have a median rent of $465.
There are currently 16 properties listed for sale, and 7 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 150 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.