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.
For sale
For sale
5
Bedrooms
3
Bathrooms
6
Car spaces
1,776 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
No recorded sale price for this property yet.
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.
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 CreeseEnviably located within one of Newstead's most desirable tree-lined avenues, 'Karma' stands as one of Launceston's iconic, landmark residences – rare, revered, and unmistakably one of a kind.
Circa-1908 and set upon a sprawling allotment, this magnificent Queen Anne Federation home represents a once-in-a-lifetime opportunity to secure a property admired by many and tightly held.
Lovingly restored in 2017 by award-winning architects, Cumulus Studios, the home has undergone a significant transformation that honours its heritage while delivering the comfort and functionality of contemporary living.
The home's renovations emerged from a deeply considered partnership between owner and architect, grounded in a shared vision and respect for the property's heritage. Together, they shaped a design that celebrates natural light, enhances space, and delivers an effortless connection between the interior living zones and the stunning garden surrounds.
Original character and period detail remain at the forefront, complemented by carefully curated décor that offers timeless elegance. It is a healthy, thoughtfully enhanced family home where history and innovation coexist.
Spanning two storeys, the residence unfolds with exceptional versatility.
Multiple living and dining zones on the ground floor are bathed in natural light, creating inviting spaces for both intimate family moments and grand-scale entertaining.
Upstairs, an additional spacious family retreat enhances the home's flexibility. A spacious home office ensures work-from-home practicality without compromise.
The main kitchen is an elegant culinary centrepiece, fully equipped with premium appliances, marble countertops, generous storage and a butler's pantry.
Luxurious accommodation consists of up-to five bedrooms, each with built-in storage. Three occupy the upper-level, with two downstairs, including the majestic master bedroom with a walk-in wardrobe and a sophisticated ensuite.
A self-contained wing provides added convenience for accommodating guests or multi-generational living, featuring a living space, kitchenette, bathroom, bedroom and separate entrance.
The laundry enjoys direct outdoor access, and there is no shortage of storage throughout, including within the upper-floor attic.
Meticulously manicured gardens envelop the home, forming a private and lush sanctuary. A sparkling in-ground pool, ozone-treated and electrically heated, anchors the landscaped surrounds, while numerous al fresco entertaining decks and patios create the ultimate setting for gatherings in every season.
Further modern enhancements have been implemented, including underfloor passive ventilation and insulation, a whole-house charcoal water filtration system, return air ventilation, and passive cooling through cross-ventilation and fans ensure year-round comfort.
A Sanden ECO heat pump hot water system, 5.5kW solar panels mounted on the garage roof, and a Tesla battery provide excellent energy efficiency. Internally, low-tox finishes including Porters Paints and pure wool carpets with rubber underlay, reinforce the home's commitment to wellbeing and quality.
'Karma' is more than a residence; it is a heritage lifestyle property in a blue-chip Newstead setting. Iconic, rare, and deeply admired, it stands as one of Launceston's most remarkable homes, offering an extraordinary opportunity to secure a landmark property of enduring beauty and distinction.
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.