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 › Clementina St
$738,000
Last sold
9 July 2026
2
Bedrooms
1
Bathrooms
3
Car spaces
744 m²
Land
110 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
$738,000
9 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Newstead (last 5 years) with land size have a median of $1,026/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
-0.8%
Median sale
Suburb $743,750
+0.03 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 LauncestonThis beautifully renovated residence delivers a lifestyle of effortless comfort in one of Newstead's most tightly held pockets.
Completely transformed from top to bottom, every detail has been thoughtfully curated with impeccable taste and a refined eye for design. Featuring a brand-new roof, double glazing throughout, an entirely new interior and fresh paint inside and out, this home is the definition of move-in ready, luxury.
Bathed in natural light and radiating warmth from the moment you step inside, the home offers a stunning sense of comfort and calm. High-end finishes, a fashion-forward aesthetic and beautifully appointed interiors create a space that feels both stylish and incredibly inviting. A home you'll simply love spending time in.
The functional floor-plan comprises two generous bedrooms, a beautifully renovated bathroom, open living spaces filled with warmth and character, plus a single lock-up garage with additional off-street parking. For buyers seeking extra accommodation, the vendor is willing to convert the home into a three-bedroom residence prior to settlement. There is also exciting future potential to extend the home further (STCA), adding even more value over time.
Perfectly suited to down-sizers, investors, first-home buyers or those seeking an exceptional short-stay accommodation opportunity, this property offers broad appeal in an unbeatable location.
Positioned within a quiet, peaceful no-through street, lined with stunning renovated character homes, you're just a short stroll to the Newstead shopping precinct, including supermarket, pharmacy, doctors and everyday conveniences, while being only moments from East Launceston and approximately seven minutes from the Launceston CBD.
Adorable, stylish and finished to perfection, this is a home with undeniable heart and soul. A truly stunning offering in a blue-chip lifestyle location.
Built: 1935
Land Size: 744m2
Building Size: 110m2
Zoning: General Residential
The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.
Listing description written by Shelley Spencer, Harrison Agents Launceston — reproduced as published, not verified by Districts.