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.
$1,350,000
For sale
Asking
4
Bedrooms
2
Bathrooms
6
Car spaces
1,037 m²
Land
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
Asking
$1,350,000
Asking · $1,302/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Newstead (last 5 years) with land size have a median of $1,017/m² of land (n=94). 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.
$59,892 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Newstead's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Harrison Agents LauncestonSet on an extraordinary 1,037m² of land, this is a property that offers something increasingly elusive in established Launceston, space without compromise, privacy without isolation, and scale without the maintenance that usually comes with it.
Behind the fence, elevated with an undeniable sense of grandeur, the home unfolds with an effortless presence that is impossible to replicate. Its architecture commands attention, while beautifully resolved interiors and generous proportions create a sense of space and refinement throughout.
There is a quiet confidence to the property. It does not need to shout.
Four bedrooms, two bathrooms and beautifully proportioned living spaces provide an exceptional standard of accommodation, while the connection to the gardens gives the home an entirely different sense of scale.
Then there is the land, It gives the property breathing room, something almost impossible to recreate once established neighbourhoods have been built out. The gardens are private and mature, yet remarkably manageable, allowing you to enjoy the privilege of a substantial holding without spending your life maintaining it.
For those who appreciate their cars, collect or simply refuse to compromise on parking, the offering continues with a double garage, double carport and additional secure parking.
And perhaps that is what makes 20 David Street so compelling. There is no obvious compromise to solve. The land is substantial. The home is beautifully presented. The parking is exceptional. The gardens are established. The location is blue-chip. Everything is already here!
For the buyer looking beyond the ordinary - someone who values provenance, privacy, land and a home with genuine presence - 20 David Street is a one-off.
Property highlights
Fully renovated c.1930 character residence
Exceptional 1,037m² blue-chip Newstead landholding
Elevated and private position behind a grand, secure frontage
Reverse-cycle ducted heating and cooling throughout
Fully insulated for year-round comfort
Gas log fires and gas cooktop
Beautifully landscaped and fully fenced grounds
Private courtyard and outdoor entertaining spaces
Generous master suite with walk-in robe, ensuite and French doors opening to the courtyard
Polished timber floors and original ornate fireplaces
Desirable northern orientation with excellent natural light
Double garage with power plus double carport
Extensive secure off-street parking
Re-plumbed and re-wired
Exceptional privacy despite being moments from the CBD
Walk to supermarkets, cafés, restaurants and surrounding parkland
Conveniently positioned minutes from leading private and public schools and Launceston CBD
Listing description written by Michael Dearsley, Harrison Agents Launceston — 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.