Newstead
TAS, 7250
-
Launceston
Thinking about buying in Newstead? Now could not be a better time, with 3322 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $438,000 with prices in this suburb ranging from $16,000 to $3,245,000. The aproximate distance to the coast is 43 Km.
Household Makeup
| Median Weekly Rent | $330.86 |
| Median Monthly Mortgage | $1377.71 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 2.14 |
| Average Age | 39.71 |
| Average Income | $823.71 |
| Average Cars Per Dwelling | 1.66 |
| Average Properties Within 50M | 13 |
Housing Stock
Average Property Prices
| 1 Bed $266,000 |
| 2 Bed $301,000 |
| 3 Bed $422,000 |
| 4 Bed $559,000 |
| 5 Bed $761,000 |
| 6 Bed+$837,000 |
Newstead Real Estate Market Outlook
In Newstead there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Newstead is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Newstead leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Newstead the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Local Schools
St Thomas More's Catholic School
The Launceston Preparatory School
Scotch Oakburn College
Punchbowl Primary School
Newstead Christian School
Newstead College
Queechy High School
East Launceston Primary School
Tamar Valley Steiner School
John Calvin School
(While the above schools are located with the suburb of Newstead there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Newstead weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 3.1 | 17.7 | 30.8 | 37.6 | 86.6 | 3.1 | 25.0 |
| Feb | 3.0 | 16.4 | 29.5 | 38.0 | 88.6 | 2.8 | 23.2 |
| Mar | 3.1 | 15.6 | 28.6 | 36.6 | 88.3 | 2.7 | 18.4 |
| Apr | 1.6 | 11.3 | 23.9 | 38.9 | 88.4 | 2.6 | 16.4 |
| May | 1.3 | 7.1 | 19.5 | 42.2 | 91.8 | 2.3 | 12.8 |
| Jun | 1.5 | 5.4 | 16.9 | 44.4 | 92.4 | 2.4 | 10.8 |
| Jul | 1.6 | 3.4 | 15.9 | 39.6 | 92.5 | 2.4 | 12.2 |
| Aug | 1.4 | 4.2 | 18.1 | 31.9 | 86.1 | 2.6 | 14.9 |
| Sept | 1.8 | 7.4 | 20.4 | 36.9 | 88.3 | 2.8 | 18.3 |
| Oct | 2.9 | 11.1 | 24.4 | 34.9 | 87.4 | 2.8 | 22.0 |
| Nov | 2.8 | 13.9 | 27.8 | 32.2 | 81.6 | 3.0 | 26.0 |
| Dec | 4.2 | 15.2 | 27 | 44.6 | 91.4 | 2.8 | 24.6 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 30-08-2019 | $550,000 | 2312 ELSMORE RD |
| 24-11-2017 | $520,000 | 2312 ELSMORE RD |
| 23-01-2017 | $388,611,259 | 4157 GWYDIR HWY |
| 07-10-2016 | $74,000,000 | 4157 GWYDIR HWY |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Glen Innes - Greater then 10KM
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