150 Elphin RoadNewstead TAS 7250
Property Details for 150 Elphin Rd, Newstead
150 Elphin Rd, Newstead is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 986m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in February 2005.
Last Listing description (September 2025)
Positioned in one of Launceston's most sought-after suburbs, "Karanga" is a beautiful Federation home that blends period charm with modern living in a location that's hard to beat.
Full of timeless 1920s features, the home showcases exquisite bay windows, ornate timber fretwork, and stunning leadlight glass - all hallmarks of classic Federation architecture. The traditional character is perfectly balanced with tasteful updates throughout, offering modern convenience while preserving the home's unique personality.
Inside, you'll find light-filled living spaces, a stylishly updated bathroom, and generous bedrooms with plenty of storage. Period details catch the eye at every turn, from the internal doors, timber detailed ceilings decorative flourishes. This is a home where warmth, craftsmanship and comfort come together seamlessly. Two reverse cycle air conditioners provide temperature control, with an electric fireplace for ambiance.
Located in the ever-popular suburb of Newstead, this property offers easy access to quality schools, parks, shopping, medical services, and local cafes. Launceston's CBD is just minutes away, making commuting and city living effortless.
Offering development potential, the home could be extended into the rear yard or subdivided and second dwelling added (STCA). Great off-street access and established cottage style gardens surrounding the home for ultimate privacy.
Whether you're searching for a home with heritage appeal or a property in a blue-chip location, this residence delivers both.
Rental estimate: Up to $650/w
House size: 176 sqm
Land size: 981 sqm
Built: 1920
Council: Launceston
Council Zoning: General Residential
Heritage listed: No
**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 150 Elphin Rd, Newstead, TAS 7250
- 21 Jul 2025Listed for Sale Best Offer Over $879,000
- 07 Feb 2005Sold for $390,000
- 31 Aug 1989Sold for $121,000
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0About 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 2,763 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.
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