Newstead Real Estate, 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.

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.


Properties For Sale

Harcourts 16 WENTWORTH ST, NEWSTEAD, TAS, 7250 3 1 1 Best Offer Over $545,000

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 Rates

Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

Internet Speed

  • Fibre to the Basement (vectored or non-vectored)
  • Fibre to the Curb
  • Fibre to the Node
  • Fibre to the Premises
  • Fixed Wireless
  • Satellite

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