Newstead, TAS 7250

Newstead, TAS 7250

Compare Part of Launceston

160.67 km
Distance from CBD
46 k
Population
Median Sale Price
House
$474K
Updated on Feb 2021
2 BR
$408K
3 BR
$426K
4 BR
$637K
Unit
$313K
Updated on Feb 2021
1 BR
-
2 BR
$292K
3 BR
$473K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$270,000
0.0% $180,000 $550,000 83
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 83
2015
$314,000
-12.4% $132,500 $875,000 115
2016
$350,000
+10.3% $135,000 $810,000 105
2017
$375,000
+6.7% $160,000 $1,236,000 104
2018
$392,000
+4.3% $209,000 $1,450,000 112
2019
$430,000
+8.8% $240,000 $1,118,000 96
2020
$452,500
+5.0% $230,000 $915,000 97
2021
$480,000
+5.7% $352,000 $1,150,000 22
Median Sale Price
$453K
Based on 88 recorded sales within the last 12 months
Updated on 19 Apr 2021
Suburb Growth
+0.6%
Current Median Price: $452,500
Previous Median Price: $450,000
Based on 187 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$400
Updated on Mar 2021
2 BR
$335
3 BR
$400
4 BR
$480
Unit
$310
Updated on Mar 2021
1 BR
$220
2 BR
$298
3 BR
$445
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 $550 59
2015
$310
+3.2% $160 $550 99
2016
$320
+3.1% $165 $550 71
2017
$340
+5.9% $160 $600 74
2018
$350
+2.9% $180 $600 68
2019
$370
+5.4% $190 $690 75
2020
$380
+2.6% $170 $700 74
2021
$470
+19.1% $220 $660 20
Median Rent Price
$390
per week
Based on 68 recorded rent within the last 12 months
Updated on 19 Apr 2021
Rent Price Growth
+2.6%
Current Median Rent: $390
Previous Median Rent: $380
Based on 143 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.5%
Current Median Price: $452,500
Current Median rent: $390
Based on 156 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)

Auction Results For Newstead

Houses sold in Last 12 months ends 17 Apr 2021

$400K

Median Sale Price

100%

Clearance Rate

1/1

Sold/Reported

$400K

Highest Sale Price

Sold Price Range No. of Sold Properties
$400 K - $600 K
(Median Price Range)
1

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