Newstead at a glance
5,638
People
$743,750
Median sale
$548/wk
Median rent
3.83%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
TAS › Newstead › College St
$1,350,000
Last sold
4 Nov 2025
4
Bedrooms
2
Bathrooms
3
Car spaces
899 m²
Land
327 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,350,000
4 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Newstead (last 5 years) with land size have a median of $1,007/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Newstead at a glance
5,638
People
$743,750
Median sale
$548/wk
Median rent
3.83%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
Vs Newstead
+81.5%
Median sale
Suburb $743,750
-1.72 pp
Gross yield
Suburb 3.83%
Suburb median $743,750 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $548/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Newstead at a glance
5,638
People
$743,750
Median sale
$548/wk
Median rent
3.83%
Suburb gross yield
Median sale from 58 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harrison Agents LauncestonBuilt in 1910, this substantial Federation-style family residence offers an impressive 327m² (approx.) of refined living, blending the grace of its era with the sophistication of modern upgrades. Perfectly positioned in sought-after College Street Newstead, the home enjoys a family-friendly setting just moments from leading junior schools, shops, and everyday conveniences.
From the moment you arrive, its classical street presence and beautifully maintained façade set the tone for the quality within. A grand, long hallway welcomes you inside, framed throughout with soaring ceilings, ornate mantles with original cast iron inserts, and elegant proportions that speak to the home's Federation heritage. Every room exudes a sense of timeless charm and comfort.
Beautifully renovated in 2010, the thoughtful extension has seamlessly integrated modern family living with the home's original character. The expansive open-plan living and dining area forms the true heart of the home - flooded with morning light and designed for both everyday living and entertaining. The exceptional family kitchen features European appliances and abundant bench space, creating a space that is both functional and inspiring for the home chef.
Golden timber floors bring warmth throughout the kitchen and family area, while custom joinery elevates the space and offers additional storage and entertainment options. Tall double-glazed windows cocoon the room and dual timber sliding doors open onto a generous covered alfresco area - perfect for hosting family and friends year-round.
The master suite is sophisticated, calming, and elegant, offering a generous walk-in robe and a spacious ensuite for daily indulgence. A large formal lounge or optional fourth bedroom captures beautiful natural light and provides flexibility for family needs.
A private, dedicated study is tucked away, offering a quiet space for work or reading.
The spacious laundry features great storage and includes a space for a full-size overflow fridge, and also includes a 3rd toilet, handy for entertaining, with a discreet door providing access to the outdoor entertaining area.
Practical inclusions such as a double garage, attached carport, raised vegetable beds, and solar panels enhance everyday convenience and efficiency.
This exceptional, impeccably maintained Newstead home delivers a rare combination of period elegance, modern comfort, and generous proportions - an inviting haven for families seeking space, character, and contemporary living in one of Launceston's most desirable neighbourhoods.
Listing description written by Anita Giles, Harrison Agents Launceston — reproduced as published, not verified by Districts.