7/86 Elphin RoadNewstead TAS 7250
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NEWLY RENOVATED UNIT
Property Details for 7/86 Elphin Rd, Newstead
7/86 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom House with 1 parking spaces. The place is currently for rent with Roberts Real Estate Launceston.
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 2,759 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.
Suburb Insights for Newstead 7250
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