Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $270,000 | 0.0% | $180,000 | $550,000 | 84 |
| 2010 | $335,000 | +19.4% | $165,000 | $931,380 | 88 |
| 2011 | $340,000 | +1.5% | $130,000 | $2,650,000 | 100 |
| 2012 | $318,400 | -6.8% | $186,500 | $1,450,000 | 99 |
| 2013 | $311,888 | -2.1% | $137,000 | $810,000 | 82 |
| 2014 | $353,000 | +11.6% | $171,250 | $930,000 | 84 |
| 2015 | $317,000 | -11.4% | $132,500 | $875,000 | 120 |
| 2016 | $350,000 | +9.4% | $135,000 | $810,000 | 112 |
| 2017 | $379,000 | +7.7% | $160,000 | $1,236,000 | 115 |
| 2018 | $392,000 | +3.3% | $209,000 | $1,450,000 | 124 |
| 2019 | $432,000 | +9.3% | $240,000 | $1,118,000 | 101 |
| 2020 | $445,000 | +2.9% | $230,000 | $915,000 | 107 |
| 2021 | $620,000 | +28.2% | $352,000 | $1,800,000 | 92 |
| 2022 | $750,000 | +17.3% | $395,000 | $2,000,000 | 89 |
| 2023 | $660,000 | -13.6% | $400,000 | $1,920,000 | 76 |
| 2024 | $710,000 | +7.0% | $405,000 | $1,800,000 | 91 |
| 2025 | - | - | - | - | - |
Median Sale Price
$717K
Based on 88 recorded sales within the last 12 months
Updated on 27 Jan 2025
Suburb Growth
+7.9%
Current Median Price: $717,000
Previous Median Price: $660,000
Based on 168 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | $280 | 0.0% | $170 | $575 | 3 |
| 2014 | $300 | +6.7% | $170 | $570 | 59 |
| 2015 | $310 | +3.2% | $160 | $550 | 99 |
| 2016 | $330 | +6.1% | $165 | $560 | 71 |
| 2017 | $350 | +5.7% | $160 | $600 | 75 |
| 2018 | $360 | +2.8% | $180 | $630 | 68 |
| 2019 | $370 | +2.7% | $190 | $690 | 75 |
| 2020 | $390 | +5.1% | $170 | $770 | 75 |
| 2021 | $480 | +18.8% | $220 | $795 | 79 |
| 2022 | $510 | +5.9% | $310 | $890 | 93 |
| 2023 | $510 | 0.0% | $265 | $795 | 92 |
| 2024 | $520 | +1.9% | $290 | $800 | 89 |
| 2025 | - | - | - | - | - |
Median Rent Price
$525
per week
Based on 86 recorded rent within the last 12 months
Updated on 27 Jan 2025
Rent Price Growth
+2.9%
Current Median Rent: $525
Previous Median Rent: $510
Based on 170 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $717,000
Current Median rent: $525
Based on 174 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Schools closest to Newstead, TAS 7250
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Newstead Christian SchoolTop 20 | Newstead 7250 | Combined | Independent | 0.27 km |
| St Thomas More's Catholic School | 125 ABBOTT STNewstead 7250 | Primary | Catholic | 0.48 km |
| The Launceston Preparatory SchoolTop 5 | 117-119 ELPHIN RDLaunceston 7250 | Primary | Independent | 0.54 km |
| East Launceston Primary School | 18 MARY STREETEast Launceston 7250 | Primary | Government | 0.73 km |
| Punchbowl Primary School | 146 PUNCHBOWL ROADLAUNCESTON 7249 | Primary | Government | 1.23 km |
| John Calvin SchoolTop 10 | 53 HOWICK STLaunceston 7250 | Combined | Independent | 1.53 km |
| Queechy High School | 161 PENQUITE ROADNorwood 7250 | Secondary | Government | 1.68 km |
| Glen Dhu Primary School | 270 WELLINGTON STREETSouth Launceston 7249 | Primary | Government | 2.1 km |