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 › Junction St
$560,000
Last sold
9 Sept 2025
2
Bedrooms
1
Bathrooms
2
Car spaces
440 m²
Land
109 m²
Building
Districts View
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
$560,000
9 Sept 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
-24.7%
Median sale
Suburb $743,750
+1.26 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
UnknownArea
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 This Space Real Estate**Offers closing Tuesday 02nd September at 5pm**
THIS SPACE PRESENTS: 11 Junction Street, Norwood, Tasmania
An immaculately presented 2-bedroom home set in an elevated position in the heart of Newstead. This charming circa 1928 home on a corner block blends classic character with lifestyle appeal on the elevated side of Wentworth Street. The generous Lounge room offers sweeping views back over Newstead and is heated by reverse cycle air conditioning.
Additionally the home has a large combined kitchen and dining room with large doors opening out to a paved area presenting an excellent option for indoor/outdoor living.
A lot of the hard work is already done with updated carpet, recently painted in interior and exterior, large SMEG oven whilst still retaining character charm throughout. There are areas in the property to add value making this home a great opportunity for savvy buyers.
The home has flat, off street parking for two cars, a fully fenced 440sqm* block with paved area and generous deck. Just a 3 minute drive to the Launceston General Hospital and a 4 minute drive to Coles Newstead.
THIS SPACE: the features.
Circa 1928 two bedroom home on corner block
Situated in popular Newstead
Reverse cycle air conditioning
Large SMEG gas oven
Additional Storage area underneath the home
3 minute drive to the Launceston General Hospital
Easy 4 minute minute walk to local amenities including Coles Newstead
Close to private and public schools and all city conveniences
Direct 5 minutes drive to Launceston's CBD
THIS SPACE: the location.
Just 3 km east of Launceston’s city centre, Newstead offers easy access to local amenities while being a peaceful yet central suburb. A short drive (or walk) to the Launceston General Hospital.
THIS SPACE: the outgoings.
Rental estimate: $550 - $580 pw
House size: 109 sqm (approximately)
Land size: 445 sqm (approximately)
Built: 1928
Zoning: General Residential
DISCLAIMER:
This Space Real Estate provides this information for general guidance only. While every effort is made to ensure accuracy, we make no representations or warranties regarding the completeness or reliability of any information provided. All prospective tenants should conduct their own investigations. This Space Real Estate accepts no liability for errors, omissions, or misstatements.
Property Code: 70
Property Code: 70
Listing description written by Louise Gipton, This Space Real Estate — reproduced as published, not verified by Districts.
Nearby 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.