Download your FREE reports now!

Investment Property Newstead, TAS, 7250

Suburb Snapshot

Newstead is a suburb in the Launceston Region of Tasmania. Newstead has a population of 5,364 people and 27.77% of its occupants live in rental accommodation. The median listing price for houses is $700,000 and this has changed 0.71% over the past year and changed 16.86% over 2 years.

The median rent in Newstead for houses is $500 per week and the median rental yield is 3.71%. Stock on the market for houses/townhouses has changed 24.14% compared to last year and the average time to sell a house/townhouse is 104 days.The median listing price for units is $387,000 and this has changed -6.64% over the past year. The average unit takes 73 days to sell and the median rent for a unit in Newstead is $385 per week, producing a rental yield of 5.17%.

Supply & Demand in Newstead, Launceston

1.04%

Current vacancy rate


28

Rental stock available


5,364

Population


27.77%

Rental population


0.98%

Current vacancy rate


313

Rental stock available


65,275

Population


30.07%

Rental population


0.71%

Current vacancy rate


1,941

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Newstead, Launceston

  House Townhouses Units
Median listing price $700,000 NA $387,000
Median price change - last quarter 3.70% NA -0.52%
Median price change - 1 year 0.71% NA -6.64%
Median price change - 2 years 16.86% NA NA
  House Townhouses Units
Median weekly rent $500 NA $385
Median yield % 3.71% NA 5.17%
Median rent change - 1 year 0.00% NA 6.94%
  House Units
Previous month sales 0 0
Stock on market previous month 36 8
Stock variance vs. last year 24.14% 0.00%
Average days on market 104 73

Newstead investment property listings

Showing 5 of 44 investment properties found in Newstead on realestateinvestar.com.au

10 Suffolk St, Newstead

$799,000

property pic

Premium Location, Stunning Home, Beautiful Views

OPEN HOME THIS SATURDAY 27TH APRIL, 10:00-10:30AM Suffolk Street, Newstead is one of the most tightly held areas of Launceston and it is no wonder why. This classic 1930's home, spread over two levels, is in immaculate condition and retains classic features throughout. Perfectly positioned and ...

Get more info on this property
rei

4

rei

2

rei

3

House

TAS 7250


54 Ellison St, Newstead

$749,000

property pic

Super Newstead

This home offers up the opportunity to join a cluster of outstanding residences in niche pocket of Newstead real estate. It's four bedrooms and three living areas is an obvious attraction to the growing family and the under house area throws even more possibilities your way, the home is heavily ...

Get more info on this property
rei

4

rei

2

rei

6

House

TAS 7250


16 Como Cres, Newstead

$540,000

property pic

Charming 1935 Art Deco Home with Development Potential!

An opportunity to secure a great home or the possibility to buy along with neighbouring property 18 Como Crescent. This home is available individually or as a group purchase. Discover the allure of a bygone era with this three-bedroom, one-bathroom Art Deco gem nestled in the heart of the desired ...

Get more info on this property
rei

3

rei

1

rei

1

House

TAS 7250


38 Lantana Ave, Newstead

$585,000

property pic

Exceptional Opportunity in Newstead

Nestled in the heart of Newstead, 38 Lantana Avenue presents an exquisite opportunity for families, investors, and first home buyers to acquire a 3-bedroom, 1-bathroom abode that epitomises comfortable living with a touch of elegance. This low maintenance brick house, crowned with a tiled roof and ...

Get more info on this property
rei

3

rei

1

rei

2

House

TAS 7250


27 Newstead Cres, Newstead

$795,000

property pic

Under a Million in Dress Circle!

First time to market since it was built in 1950, this mid-century master- built gem is located in one of Launceston's most sought-after streets in Newstead! With vista, privacy and forest surrounds this beautiful solid brick home has been updated for 21st Century living whilst retaining its ...

Get more info on this property
rei

3

rei

2

rei

6

House

TAS 7250


Navigate to more Suburbs, Regions or States