21 Arundel Street, Newstead, TAS 7250 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $750,000

21 Arundel Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 143m2
Land area: 1265m2
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LAND, VIEWS & A SPACIOUS FAMILY HOME

Some properties are about the home.
Others are about the opportunity that comes with the land around it.
21 Arundel Street is one of those rare Newstead holdings where space, outlook and future potential all come together.
Set across one of the larger residential blocks in the area, the property offers something increasingly difficult to find this close to Launceston. With genuine room to move, room to improve and, subject to council approval, potential to explore future development options.
The existing home is substantial in its own right, with three bedrooms, a generous kitchen, multiple living areas/expansive sunroom and additional rumpus room below that adds another layer of flexibility. A separate garage provides further practicality, while the layout gives buyers plenty to work with whether the intention is to renovate, reimagine or simply enjoy the home as it stands.
From the elevated position, views stretch across the surrounding valley and suburbs beyond. By day, it is open and expansive. By night, the lights across the hills create an entirely different backdrop.
For families, renovators, investors or buyers thinking further ahead, this is a property with scale, flexibility and a sense of possibility.
A substantial block, commanding outlook and exciting potential with the opportunity to subdivide (STCA) or create something truly significant in one of Launceston’s most established suburbs.
Built: 1956
Building size: 151m2 Approx
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Property Details for 21 Arundel St, Newstead

21 Arundel St, Newstead is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1265m2 and floor size of 143m2. The place is currently for sale with Local Real Estate.

Building Type
House
Floor Size
143m2
Land Size
1265m2
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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 2,763 properties. Over the last 5 years, Houses in Newstead have seen a 32.46% increase in median value, while Units have seen a 35.38% increase. As at 31 August 2026:

  • The median value for Houses in Newstead is $778,380 while the median value for Units is $506,082.
  • Houses have a median rent of $590 while Units have a median rent of $460.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 145 properties were sold in the past 12 months in Newstead.

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Stuart McLeod
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Jack Mccarthy
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