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 › Carnarvon St
$1,220,000
Last sold
8 Dec 2025
4
Bedrooms
3
Bathrooms
5
Car spaces
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
$1,220,000
8 Dec 2025 · derived via latest_sale
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
+64.0%
Median sale
Suburb $743,750
-1.49 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 Bushby CreesePerfectly positioned in one of Newstead's most desirable locations, this impressive residence offers the rare harmony of timeless character and contemporary refinement. Originally constructed in 1913, the home has been beautifully renovated to deliver modern comfort while honouring its heritage, resulting in a property of enduring elegance and effortless liveability.
Spanning two generous levels, the home is filled with natural light and a welcoming sense of space. Its elevated position captures sweeping panoramic views to the mountains beyond, while high ceilings, polished timber flooring and ornate original fireplaces celebrate the home's rich history. The atmosphere throughout is one of warmth, sophistication and easy family living.
At the heart of the home, the dining room seamlessly incorporates the sleek, modern kitchen, beautifully finished with black granite countertops, premium appliances and abundant storage.
At the front of the home, a sun-filled living area invites relaxation, while the lower-ground level offers a second living room, creating a flexible layout ideal for both entertaining and quiet retreat.
Accommodation is spacious and well-considered, with four bedrooms thoughtfully arranged across both levels. Two bedrooms feature built-in wardrobes, while the master suite boasts a walk-in wardrobe, office or nursery space and a stylish en-suite. The lower-level is self contained comprising of the fourth bedroom, a private en-suite, living area and kitchenette offering versatility for guests, independent living or income potential.
The main bathroom located upstairs is contemporary and elegant, complete with an over-bath shower, vanity and toilet.
Outside, the landscaped grounds are a true highlight, beautifully maintained with manicured lawns, established trees and trimmed hedges that create a sense of privacy and calm. The exterior of the property has recently been repainted.
A sheltered outdoor BBQ and entertaining area extends the living space into the garden, offering the perfect setting for gatherings in any season. The property also features a secure garage and ample storage throughout, ensuring both practicality and comfort are at the forefront of its design.
Ideally located in close proximity to the Newstead shopping precinct, leading private and public schools, multiple parklands and the Launceston CBD.
Combining heritage charm with modern sophistication, this Newstead residence is a rare offering – an expansive, light-filled family home that captures the essence of refined living within one of Launceston's most sought-after neighbourhoods.
Listing description written by George Bushby, Bushby Creese — 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.