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Newstead Median Price
House$702,200
Unit$391,500
Land$280,000
The House price is 10% lower than last year.
Surrounding suburbs
East Launceston$861,200
Punchbowl$573,300
South Launceston$577,400
St Leonards$646,600
Newstead rent price
A66 Hart Street, Newstead
Sold $277,500 in Feb 2019 [Rectify]
Last Sold $210,050 in Jul 2016
Rent $330pw in May 2020
House: 3 Bed rooms 1 Bath rooms 5 Car spaces
Land size: 650 sqm | Building size: 107 sqm [Measure]
Agent: Harcourts - Launceston
Distance: 161.2 km to CBD

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Property Description:
Attention First Home Buyers or Investors
66 Hart Street, Newstead
Newstead is such an appealing suburb and offers its residents the convenience of multiple schools, shopping, medical amenities and public transport. It is a hub of sporting opportunities with walking and bike tracks close by and soccer and netball facilities almost on your doorstep. This Hart Street property is set on a generous sized flat parcel of land of approximately 650m2. Consider the possible potential to build an additional dwelling to increase your return on investment (STCA) Currently tenanted and returning $300 per week in rent, this three bedroom, neat home is Zoned Inner Residential and has the added bonus of a super sized carport that will accommodate the family vehicles plus caravan or boat. With an estimated return on investment of somewhere between 5.5% and 6% this property presents a sound opportunity for investors or wonderful opportunity for first home owners to get into the market.
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Lot/Plan No: 162/54558
Lot/Plan No: 162/54558
Search neighbour's planning permit
Nearby Schools:
NameTypeRankDistance
Community Christian AcademyCombinedNo.380 metres
Newstead CollegeSecondaryNo.9714 metres
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The property data is from the auction results and realestate websites.

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