116 Abbott Street, Newstead, TAS 7250 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $895,000

116 Abbott Street
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 229m2
Land area: 910m2
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OPEN THIS SATURDAY 10:30am - 11am A Statement of Space, Style & Smart Investment

From the moment you arrive at 116 Abbott Street, it's clear this is more than just a home - it's a lifestyle investment in one of Launceston's most admired suburbs. Surrounded by leafy streets and beautiful established homes, this property offers the rare combination of generous proportions, contemporary comfort, and enduring value. Whether you're seeking a secure, high-performing investment or planning a future move to Tasmania's North, this Newstead address promises a lifestyle defined by space, convenience, and prestige.
Timeless Comfort, Generous Space & a Premier Newstead Address
Set in the heart of Newstead – one of Launceston's most tightly held and highly regarded suburbs – this substantial brick residence offers an exceptional combination of size, quality, and investment certainty.
Occupying an expansive 910m2 block in a leafy residential street, the home has been designed to capture abundant natural light and provide effortless everyday living. Its solid construction and thoughtful layout deliver enduring comfort for families while appealing equally to investors seeking a premium, low-maintenance holding in a blue-chip location.
Spacious Family Design
Spanning approximately 250m2, the home unfolds across two generous levels. The upper floor is dedicated to open-plan living, with a free-flowing kitchen, dining and lounge area enhanced by gleaming Tasmanian oak floors and brand-new plantation shutters. Large windows draw in sunlight throughout the day, creating a warm, welcoming environment perfect for entertaining or relaxing with family.
The kitchen is well-appointed with quality appliances and ample storage, connecting seamlessly to both indoor and outdoor spaces.
Accommodation includes four queen-sized bedrooms and two beautifully updated bathrooms offering northerly aspects with substantial built-ins together with a third large renovated room suitable as a bedroom or multi-purpose space. The master suite is a standout - recently refreshed to include a new ensuite and a stylishly fitted walk-in robe, creating a private retreat at the end of the day.
Downstairs, a spacious rumpus room offers versatility for use as a second living space, home office, or teenager's retreat. The large garage provides secure parking, additional storage, and internal access to the home.
Blue-Chip Location
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Property Details for 116 Abbott St, Newstead

116 Abbott St, Newstead is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 910m2 and floor size of 229m2. The place is currently for sale with The Agency Tasmania.

Building Type
House
Floor Size
229m2
Land Size
910m2
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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 2,757 properties. Over the last 5 years, Houses in Newstead have seen a 57.14% increase in median value, while Units have seen a 51.87% increase. As at 31 October 2025:

  • The median value for Houses in Newstead is $729,884 while the median value for Units is $417,106.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 141 properties were sold in the past 12 months in Newstead.

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Stu Ferrall
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The Agency Tasmania
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