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 › Marion Ave
$875,000
Last sold
4 Aug 2026
5
Bedrooms
2
Bathrooms
4
Car spaces
691 m²
Land
290 m²
Building
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
$875,000
4 Aug 2026 · 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
+17.6%
Median sale
Suburb $743,750
-0.57 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 Sims for PropertyPositioned in the highly sought-after suburb of Newstead, 38 Marion Avenue presents a modern five-bedroom home that delivers the perfect balance of style, comfort and practicality for family living. Solidly built and thoughtfully designed, this well-appointed residence offers spacious interiors, quality finishes and a functional layout that caters effortlessly to the needs of a growing family.
Inside, the home has been cleverly planned around a central open-plan living zone, creating a welcoming space where the whole family can come together with ease. Filled with natural light, this expansive living and dining area flows seamlessly and is the heart of the home - a well-appointed kitchen featuring quality appliances, excellent storage, ample bench space and the added convenience of a butler's pantry, making it as practical as it is stylish.
Sliding doors off the dining area open onto a covered outdoor deck, creating the ideal setting for indoor-outdoor entertaining, weekend barbecues or simply relaxing with family and friends.
Accommodation is generous and versatile, with five well-sized bedrooms designed with comfort in mind. The master suite is positioned at the front of the home and includes a walk-in robe along with its own ensuite. The other bedrooms are positioned in their own wing of the home and are fitted with built-in wardrobes and are serviced by a central family bathroom complete with a separate shower, bath and separate toilet for added convenience. The fifth bedroom offers excellent flexibility and could easily be utilised as a second living area, media room or home office depending on your lifestyle needs.
A separate laundry with direct outdoor access further enhances the home's practical design, while ducted heating and cooling ensures year-round comfort no matter the season.
Outside, the property continues to impress with a spacious, fully fenced and low-maintenance backyard, perfect for children and pets to enjoy. A double garage with internal access provides secure parking, complemented by additional off-street parking.
Positioned in one of Newstead's most convenient pockets, this exceptional home is just moments from quality schools including Scotch Oakburn College, local shopping facilities, public transport options and the natural beauty of Punchbowl Reserve. Offering an enviable combination of modern comfort, privacy and lifestyle in a great location, this is a fantastic opportunity to secure a quality family home in one of Launceston's desirable suburbs.
This home is currently tented at $720 per week until January 2027.
Built: 2020
Land size: 691m2 approx.
House size: 290m2 approx.
Water Rates: $1,000.00pa approx.
Council Rates: $3,253.81.00pa approx.
Zoning: General Residential
School Catchments: Punchbowl Primary School, Queechy High School
Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Richard Sims, Sims for Property — 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.