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.
$650,000
Last sold
14 May 2025
3
Bedrooms
2
Bathrooms
0
Car spaces
760 m²
Land
143 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
$650,000
14 May 2025 · 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
-12.6%
Median sale
Suburb $743,750
+0.55 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Thomas & Associates TasmaniaSet in one of Newstead's most established and desirable areas, this generous mid-century home has been thoughtfully updated for modern life - balancing efficiency, scale, and opportunity on a rare allotment of just under 800m².
From the street, its classic 1950s silhouette gives little away. But step inside, and the mood shifts: light bounces off a freshly interior, wide double-glazed windows frame leafy street views, and sunlight tracks across two distinct living zones from morning until late.
At its heart, a family-focussed kitchen connects effortlessly to a deep, multi-tiered deck - designed for entertaining, everyday meals, or simply watching kids explore the backyard. The living spaces are intuitively zoned: a formal lounge to the front, casual dining in the centre or a second sitting room that drinks in the morning sun.
Three bedrooms, each generously sized, are complemented by two well-appointed bathrooms - the main with walk-in shower and contemporary tiling, and the ensuite tucked privately adjacent a generous walk-in robe off the main bedroom.
Sustainability hasn't been overlooked either. The home features a full solar array, and double-glazed windows throughout the primary living areas for comfort and cost efficiency all year round. The heating and cooling is managed through a ducted reverse cycle system spread throughout the home as well as pellet fire in the central living area.
Outside, the layout makes exceptional use of the generous block, driveway offering convenient access, including a wide side drive that leads to the backyard. Accessed under-house, a garage provides secure parking and storage, while the expansive rear garden features established trees, a level lawn, and a sense of privacy that's increasingly rare.
A 6 x 3m workshop or creative studio sits tucked at the rear-ideal for projects, hobbies, or conversion. Connecting it all are beautifully terraced decks that step gently from house to garden, designed for effortless entertaining or quiet outdoor moments.
And all this is just minutes from Launceston's best schooling, services and retail precincts, with the city centre under five minutes away.
This is a home that doesn't try too hard - it simply works, with space where you want it, light where you need it, and potential when you're ready for it.
To schedule an inspection or for more details, contact Thomas Baird at Thomas & Associates.
Listing description written by Thomas Baird, Thomas & Associates Tasmania — 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.