Newstead TAS 7250

Here you can find what you need to know about Newstead, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$408k Median Sale Price (National Average $485k) 63rd In TAS
7.72% Median Price Change (1 yr) (National Average 4.30%) 112th In TAS
$350pw Median Rent (National Average $395) 65th In TAS
4.5% Median Gross Yield (National Average 4.24%) 102nd In TAS
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Properties sold 110
Average discounting -4.32%
Average Days on Market 39
Stock on Market 7 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Newstead, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Newstead, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Newstead, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Newstead


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State Auction Clearance Rates - June 2019

Auctions Clearance rate
%
ACT 39 49%
NSW 534 66%
NT 4 0%
QLD 93 40%
SA 80 47%
VIC 724 65%
WA 35 35%

Local Schools


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Suburb Information

Newstead, TAS 7250

Part of: Launceston Council No data available

The size of Newstead is approximately 3.9 square kilometres. It has 12 parks covering nearly 7.4% of total area. The population of Newstead in 2011 was 4,968 people. By 2016 the population was 5,366 showing a population growth of 8.0% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newstead work in a professional occupation. In 2011, 66.2% of the homes in Newstead were owner-occupied compared with 64.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Newstead

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Newstead   for Houses in last 12 months


There have been 107 Houses sold in Newstead in the past 12 months with a median sale price of $400K, up 5.61% annually. It takes on average 39 days to sell with vendor discounting of -4.3%.

Streets in Newstead


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Newstead QLD, 4006 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
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East Launceston TAS, 7250 6% $530,000 $410pw 4.0% View Suburb Profile
Henley Beach SA, 5022 11.27% $879,000 $500pw 3.0% View Suburb Profile
West Moonah TAS, 7009 12.22% $450,000 $420pw 4.8% View Suburb Profile