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21/21 Arundel Street, Newstead TAS 7250

For Sale Offers Above 699k

Search Band Search Visibility Band

$600k - $700k Medium Confidence Calculated based on our search observations.

House 3 Beds 1 Bath 3 Cars 1256 m² 151 m²

Listed: 47 days ago

Updated: 3 hours ago

Overview

Set within one of Newstead's more generous residential lots, this substantial 1956-built property offers not only a comfortable family home but an exciting opportunity for future expansion or redevelopment, subject to council approval. Emphasizing flexibility, the residence features three bedrooms, a large kitchen, multiple living spaces including an expansive sunroom, and a rumpus room that enhances the potential for varied family needs or entertaining options.

The home is positioned to take full advantage of its elevated setting, offering panoramic views over the surrounding valley and suburbs that transform from inviting daylight scenery to dazzling night-time city lights. This distinctive outlook adds significant appeal, creating a tranquil yet captivating environment for daily living or relaxing after hours.

Outdoors, the property is well-appointed with practical features such as a fully fenced yard, secure parking, a separate garage, and a shed—supporting both hobbyist pursuits and everyday functionality. The presence of broadband internet availability and built-in wardrobes indoors adds to the modern convenience expected by today’s buyers.

The expansive 1,256 square meter block grants considerable scope for renovation, reimagining, or strategic development, appealing to a broad range of buyers including families seeking space, renovators inspired by potential, and investors looking for a property with multiple value streams in an established Launceston suburb.

A well-structured home blending traditional build with functional spaces including workshop and rumpus areas
Elevated position maximizing natural light and impressive vistas
Large landholding offering room for improvement or subdivision subject to council approval
Comfort-enhancing features such as reverse cycle air conditioning
Secure and practical outdoor amenities catering to multiple lifestyles

Overall, 21 Arundel Street stands as a substantial and versatile offering that balances immediate livability with exciting long-term possibilities, set in a sought-after location close to Launceston’s amenities and community facilities.

Local Market Insights

In Newstead, Quiet Listings observed 60 new houses entering the market over the last 30 days, up from 47 during the previous 30-day period, with an average advertised asking price of $764,267. The property type mix of listed properties is predominantly Houses at 63%, followed by units (15%), and land (14%). The most active agency for houses in the Newstead area is currently Harcourts, representing 17% of new listings, followed by Harrison Humphreys Real Estate with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.