RateMyAgentGo to search
Back 5/11 Balaka Place
Off Market

5/11 Balaka Place

Newstead TAS 7250

2
1
1
57 m²
Apartment

Overview

Best Little Investment in Balaka

Savvy investors, do I have a property here for you. Located at the far end of Balaka Place in popular Newstead sits this fantastic little investment property just waiting for a new owner. 11 Balaka has five units on the block and this one sits at the very end giving extra privacy to the occupiers, this little unit consists of two good size bedrooms, roomy living, and open sunny kitchen with a covered front foyer. Currently under lease until Jan 2015 and returning $210.00 per week this is a brilliant affordable entry point property to start or add to your existing portfolio. For further details on this cracker of a property call me now.

Features

2 bedrooms
1 bathroom
1 carspace
57 m² lot size
Apartment

Estimated Value

We need at least 3 similar 2 bedroom apartments sold in Newstead over the last 12 months.

Property history for 5/11 Balaka Place

2023
Rented
Undisclosed
Leased on 11 Aug 2023 by Living Here Launceston
2021
Rented
Undisclosed
Leased on 26 Oct 2021 by Living Here Launceston
2021
Rented
Undisclosed
Leased on 25 Oct 2021 by Living Here Launceston

Happy sellers in Newstead

89%
89% 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 43 reviews in Newstead over the last 12 months.

Local market activity for 2 bedroom apartments in Newstead

In the last 12 months, 2 two-bedroom apartments similar to 5/11 Balaka Place, have been sold.

This represents a 67% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Newstead

placeholder
George Bushby

George Bushby is an award winning recommended agent for Newstead.  They have 11 local sales and collected 12 local reviews across the last 12 months.

  •   4.8   (54 reviews)
  •  12 Reviews in Newstead
  •  11 Sales in Newstead
View profile
placeholder
David Hernyk

Sellers who recommend David Hernyk have praised them for being clear communication, local expert, responsive, friendly, honest, reliable and easy to work with

  •   4.9   (422 reviews)
  •  7 Reviews in Newstead
  •  8 Sales in Newstead
View profile
placeholder
Anita Giles

Sellers who recommend Anita Giles have praised them for being clear communication

  •   4.9   (15 reviews)
  •  5 Reviews in Newstead
  •  7 Sales in Newstead
View profile
placeholder
Jake Loizou

Sellers who recommend Jake Loizou have praised them for being well-prepared, clear communication, local expert and responsive

  •   5   (25 reviews)
  •  5 Reviews in Newstead
  •  2 Sales in Newstead
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap