Back 158 Abbott St
Off Market

158 Abbott St

Newstead TAS 7250

3
1
170 m²
521 m²
House
Karen MagnottaKaren Magnotta, last sold this property on 16 October 2025 after 37 days on market.

Overview

Affordable Newstead Opportunity with Huge Potential

If you've been waiting for the right project to make your mark, this could be the one. Priced to inspire and offering excellent scope to add value, this three-bedroom home presents an exciting opportunity for those with the vision and skills to transform it into something truly special. Currently rented, the photos are from a previous campaign when the property last sold only a few years ago - showcasing its classic 1950s art deco-inspired character and charm. The Home Offers: * Three well-proportioned bedrooms * Two spacious living areas providing flexibility for the whole family * A kitchen and dining space ready for your personal touch * New wood heater for cosy winter nights * One central bathroom * Polished timber boards in the living areas and carpeted bedrooms * A flowing, light-filled floor plan Outside, the fully fenced block offers plenty of room for children and pets to play, while the deck provides the perfect spot for summer BBQs. A storage shed and single carport add to the home's practicality. For full transparency, a building inspection report is available and does identify some foundation work required. This provides buyers with clarity upfront and presents an opportunity to plan improvements while maximising future value. Don't hesitate to get in touch with me for the inspector's details to obtain a copy of the report. Set in a sought-after Newstead location, you're within walking distance of schools, parks, cafes, and Newstead Shopping Centre - with Launceston's CBD just minutes away. Whether you're an investor seeking a property in a high-demand area or a hands-on buyer ready to roll up your sleeves and create something special, this one is sure to attract plenty of attention.

Features

3 bedrooms
1 bathroom
170 m² floor area
521 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Newstead over the last 12 months, the estimated median property value of 158 Abbott St is $655k.

Median value
$655k
Estimated value range
$405k - $920k
Median days on market
15
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newstead. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 158 Abbott St

2025
Rented
Undisclosed
Leased on 11 Dec 2025 by Elders Launceston
2025
Sold
Undisclosed
16 Oct 2025 by Karen Magnotta, of The Agency Northern Tasmania
2022
Sold
$682,000
Private Sale/Treaty on 26 Jan 2022 by Karen Magnotta

Happy sellers in Newstead

88%
88% of sellers in Newstead reported that their sale price either exceeded or met their price expectations.

Newstead stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 40 reviews in Newstead over the last 12 months.

Local market activity for 3 bedroom houses in Newstead

In the last 12 months, 58 three-bedroom houses similar to 158 Abbott St, have been sold.

This represents a 7% increase in three-bedroom houses sales when compared to the previous 12 months.

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