Real Estate Newstead, TAS, 7250 Launceston

Thinking about buying in Newstead? Now could not be a better time, with a whopping 3281 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $562,000 with prices in this suburb ranging from $161,000 to $859,000.

Distance to the coast is 43 Km.

Instant Valuation

Newstead Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Newstead are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Newstead classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Newstead requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.


Household makeup

Median Weekly Rent $229.60
Median Monthly Mortgage $1007.00
Median Persons Per Bedroom 0.61
Average Household Size 1.80
Average Age 36.00
Average Income $1014.00
Average Cars Per Dwelling 2.51
Average Properties Within 50M 13.00

Typical Property Prices

2 Bed$627,500
3 Bed$665,107
4 Bed$815,000
5 Bed$1,488,000

Housing Stock

Houses for sale Newstead

Harcourts 42 RAMSAY ST, NEWSTEAD, TAS, 7250 3 2 1 Best Offer Over $699,000
Harcourts 92 JUNCTION ST, NEWSTEAD, TAS, 7250 2 1 1 Best Offer Over $399,000
Harcourts 28 BELHAVEN CR, NEWSTEAD, TAS, 7250 3 1 Best Offer Over $669,000
Harcourts UNIT 2, 39 LANTANA AV, NEWSTEAD, TAS, 7250 2 1 1 Best Offer Over $389,000
Harcourts 28 ARUNDEL ST, NEWSTEAD, TAS, 7250 3 1 1 Best Offer Over $499,000
Harcourts 78 JUNCTION ST, NEWSTEAD, TAS, 7250 Offers Over $330,000
RayWhite 82 DAVID ST, NEWSTEAD, TAS, 7250 3 2 4 $799,000 - $839,000
theagency 21 COLLEGE ST, NEWSTEAD, TAS, 7250 By Offer
theagency 29 ELLISON ST, NEWSTEAD, TAS, 7250 $795 per week
theagency 8 ST JAMES CL, NEWSTEAD, TAS, 7250 Offers Over $990,000
theagency 29 PINE AV, NEWSTEAD, TAS, 7250 Offers Over $549,000 Considered

Local Schools

Scotch Oakburn College

St Thomas More's Catholic School

Punchbowl Primary School

Newstead Christian School

Newstead Primary School

Newstead College

(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

Min (°C)
Max (°C)
Min (%)
Max (%)
(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Fibre to the Basement (vectored or non-vectored)

Fibre to the Curb

Fibre to the Node

Fibre to the Premises

Fixed Wireless


Nearby Suburbs

East LauncestonPunchbowlLauncestonSouth LauncestonNorwoodKings MeadowsWest LauncestonRavenswoodInvermayWaverley

Public Transport

East Tamar - Less than 2 KM Western Junction - Greater then 10KM Penny Royal - Less than 5 KM Windmill - Less than 5 KM Tamar River Cruises - Less than 5 KM Cataract Cruises - Less than 5 KM

General Points of Interest

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