5/88 Elphin Road, Newstead, TAS 7250 | Apartment for rent | OnTheHouse
 
FOR RENT
$460 per week

5/88 Elphin Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Available From
Monday 9 March 2026| Bond $1,840
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Low Maintenance Three Bedroom Apartment

This modernised apartment is located on the second level and has been freshly renovated all throughout.
Combined kitchen and laundry with a large open space lounge room with direct sunlight.
There are two large bedrooms with built-in robes, and the main bedroom has a private balcony. An option for a third bedroom, a separate dining area or even a personal space for the aspiring hobbyist.
With a single carport and no lawns or garden to maintain, this is the perfect low-maintenance home!
This apartment has been completely renovated, ready for the perfect person or family in search of a great, modern and cosy home close to the amenities.
Sorry, not suitable for pets.
*Ray White Launceston has no reason to doubt the accuracy of this information, which has been obtained from sources considered to be reliable; however, we cannot guarantee it. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate

Property Details for 5/88 Elphin Rd, Newstead

5/88 Elphin Rd, Newstead is a 3 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for rent with Ray White Launceston.

Building Type
Apartment
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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. It has 8 parks covering nearly 15.1% of total area. The population of Newstead in 2016 was 5366 people. By 2021 the population was 5617 showing a population growth of 4.7% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newstead work in a professional occupation.In 2021, 66.20% of the homes in Newstead were owner-occupied compared with 64.40% in 2016.

Newstead has 2,760 properties. Over the last 5 years, Houses in Newstead have seen a 57.46% increase in median value, while Units have seen a 47.28% increase. As at 31 January 2026:

  • The median value for Houses in Newstead is $767,159 while the median value for Units is $437,266.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 146 properties were sold in the past 12 months in Newstead.

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