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.
$1,110,000
Last sold
14 Nov 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
1,043 m²
Land
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
$1,110,000
14 Nov 2024 · 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
+49.2%
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 scheme
Launceston Local Provisions Schedule
Zone
General Residential
120.8
Jurisdiction
Launceston
Launceston, TAS
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
TASZoned General Residential · 120.8 (Launceston Local Provisions Schedule). Official parcel area about 1,046 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · 120.8 (Launceston Local Provisions Schedule). Official parcel area about 1,046 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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 Bushby CreeseImmaculately presented, this charming residence blends perfectly preserved period charm with a warm contemporary transformation prioritising space, sunlight, and serene family living.
Experience the timeless elegance of polished timber floors, original, now decorative fireplaces, ornate glazing, and high ceilings exuding charm throughout. Large picture windows invite an abundance of sun while framing the lush, leafy surrounds, filling each room with natural beauty.
The open-plan living and sitting space bathes in abundant sunshine, and the spacious dining area seamlessly extends to a sunny entertaining deck, perfect for gatherings with family and friends.
At the heart of the home, the exquisite kitchen boasts top-quality cabinetry, premium appliances, stone countertops, and an extra-wide island bench.
Four sunlit bedrooms offer comfort and privacy, three inclusive of built-in wardrobes. The largest of the four, on the upper floor, also features a private sitting space, complete with a window seat.
Two bathrooms service the home, one on each level. Upstairs, a stunning claw-foot bath pays homage to the home's rich history.
A sunroom adds to the home's versatility, serving as a peaceful spot to relax, complete with comfortable window benches. There's also a light-filled office, ideal for those who work from home.
The lower-ground level features a self-contained rumpus room, complete with a kitchenette, providing additional flexibility for guest accommodation, multigenerational living, creative pursuits, or even a home gym.
The outdoor spaces are truly enchanting. The sunny timber deck overlooks an extensive, private garden oasis, filled with established trees and vibrant florals. Ample off-street parking is provided within the driveway of this impressive property, making it the ultimate Newstead sanctuary.
Enjoy year-round comfort with ducted heating and cooling, supported by a new energy efficient hot water heat pump.
The property's wonderful position sits within walking distance of Coles Newstead, numerous medical practices, top-tier schooling, parks, and recreational spaces, and is a mere five-minute drive from Launceston's CBD.
Surrounded by premium Newstead homes, enjoy all the lifestyle advantages that have made this area such a sought-after destination for generations of families.
If you would like more information or to inspect this property please get in contact with us today.
Listing description written by George Bushby, Bushby Creese — reproduced as published, not verified by Districts.
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?
KnownmediumOfficial parcel about 1,046 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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.