Back 8 Strahan Road
Off Market

8 Strahan Road

Newstead TAS 7250

2
1
86 m²
879 m²
House
Last sold for $240,250
Sharon FaheySharon Fahey, last sold this property on 07 April 2016 after 29 days on market.

Overview

Home with room for extra unit STCA

Located in a desirable and sought after area of Newstead, this investment opportunity is one not to be missed. The home is positioned on the top side of the road and has excellent sun and views to the distant mountains. At around 86m2, the home offers a good sized main bedroom and a smaller single bedroom. Heated throughout with a recently installed heat pump, insulated, and also a cosy open fire in the living room. The kitchen is spacious with loads of cupboards and shelving, and has a movable central work station that could make way for a dining table, or alternatively utilising a dining area in the sun room is an added option. The laundry and bathroom are combined and include a spa bath and the toilet. Outside, the gardens are lovely and have a small orchard at the back of the 879m2 approximate block. This is an ideal position to add another unit if you are a developer looking to maximise your investment (STCA). The owners have been to council and have been given the "nod" to proceed with an application to strata title. The current rent on the home is $300 per week and the lease expires around September 2016. Viewing times are limited so please call Sharon to schedule a private inspection of this lovely home.

Features

2 bedrooms
1 bathroom
86 m² floor area
879 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Newstead over the last 12 months, the estimated median property value of 8 Strahan Road is $573.75k.

Median value
$573.75k
Estimated value range
$220k - $765k
Median days on market
20
Estimated value trend
16%
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 8 Strahan Road

2017
Rented
Undisclosed
Leased on 22 Nov 2017 by Roberts Real Estate Launceston
2016
Sold
$240,250
Private Sale/Treaty on 07 Apr 2016 by Sharon Fahey, of Elders Towns Shearing

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 2 bedroom houses in Newstead

In the last 12 months, 14 two-bedroom houses similar to 8 Strahan Road, have been sold.

This represents a 20% decrease in two-bedroom houses sales when compared to the previous 12 months.

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