12/88 Elphin Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

12/88 Elphin Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 75m2
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Property Details for 12/88 Elphin Rd, Newstead

12/88 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1966. The property has a land size of 75m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in April 2009.

Building Type
Unit
Year Built
1966
Floor Size
75m2
Land Size
75m2
Local Government
Launceston
Lot/Plan
12/60071

Last Listing description (August 2026)

Welcome to 12/88 Elphin Road, this light and bright 2-bedroom unit delivers the perfect combination of low-maintenance living, comfort and unbeatable convenience. Positioned within the highly sought-after suburb of Newstead, this appealing residence offers an enviable lifestyle opportunity just moments from everyday amenities.

Light-filled interiors are complemented by a fresh neutral colour palette, creating a warm and inviting atmosphere throughout. The functional kitchen offers storage and practicality for everyday living, while the neat and well-appointed bathroom features a shower over bath design and timeless neutral finishes. Both bedrooms are generously sized and include built-in wardrobes, providing comfortable accommodation and excellent storage options.

The unit enjoys a superb location within walking distance to Newstead shopping precinct, quality schools, public transport and the Launceston CBD. Complete with an allocated undercover parking space, the property offers both practicality and ease for everyday living. Whether you are a first home buyer, downsizer or investor seeking a quality property in a blue-chip location, 12/88 Elphin Road presents an outstanding opportunity to secure easy-care living in the heart of Newstead.

Rental Estimate: $440 p/w (currently rented for $415 p/w until 01/03/2027)
House size: 75m2
Land size: 75m2
Built: 1966
Council Zoning: General Residential
Council: City of Launceston

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.**

Property History for 12/88 Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$150,000
06 Apr 2009
Listed for Rent
$400/w
11 Feb 2025
  • 08 Jun 2026
    Listed for Sale Best Offer Over $349,000
  • 15 Jan 2025
    Listed for Rent $400 / week
  • 15 Jan 2018
    Listed for Rent - Price not available
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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. There are 8 parks, covering nearly 15.1% of the 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 2,764 properties. Over the last 5 years, Houses in Newstead have seen a 33.56% increase in median value, while Units have seen a 42.24% increase. As at 31 July 2026:

  • The median value for Houses in Newstead is $803,407 while the median value for Units is $513,251.
  • Houses have a median rent of $590 while Units have a median rent of $470.
There are currently 15 properties listed for sale, and 7 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 151 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.