Newstead, TAS 7250

Newstead, TAS 7250

Compare Part of Launceston

160.67 km
Distance from CBD
46 k
Population
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 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
$682,500
+3.3% $425,000 $1,100,000 24
Median Sale Price
$670K
Based on 89 recorded sales within the last 12 months
Updated on 29 Mar 2024
Suburb Growth
-13.4%
Current Median Price: $670,000
Previous Median Price: $760,000
Based on 166 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 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 $550 71
2017
$350
+5.7% $160 $600 74
2018
$350
0.0% $180 $630 68
2019
$370
+5.4% $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 91
2024
$520
+1.9% $380 $725 13
Median Rent Price
$520
per week
Based on 76 recorded rent within the last 12 months
Updated on 29 Mar 2024
Rent Price Growth
+3.8%
Current Median Rent: $520
Previous Median Rent: $500
Based on 176 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4%
Current Median Price: $670,000
Current Median rent: $520
Based on 165 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 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