78 Junction Street, Newstead, TAS 7250 | Land for sale | OnTheHouse
 
FOR SALE
SmartRE Sale $295,000

78 Junction Street
Newstead TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1346m2
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Rare Land Opportunity in Sought After Newstead

Positioned in a quiet and established pocket of Newstead, this expansive parcel at 78 Junction Street offers a rare opportunity to secure premium vacant land in one of Launceston's most desirable residential areas.
Set within a low-density residential zone, the generous block provides the ideal canvas to design and build a spacious dream home (STCA), with plenty of room for landscaped gardens, outdoor entertaining, and family living.
Enjoying an elevated aspect, the property captures beautiful views toward Ben Lomond, creating a stunning natural backdrop and a sense of space and tranquillity that is increasingly hard to find.
Conveniently located just minutes from Launceston CBD, this address offers easy access to quality schools, shopping precincts, parks, and everyday amenities, delivering the perfect balance between peaceful living and urban convenience.
Key Features:
• 1,346m² (approx.) of vacant land
• Low-density residential zoning
• Elevated position with mountain views
• Quiet, well-established street
• Close to schools, shops, and services
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Property Details for 78 Junction St, Newstead

Building Type
Land
Land Size
1346m2
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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 2,762 properties. Over the last 5 years, Houses in Newstead have seen a 35.62% increase in median value, while Units have seen a 43.98% increase. As at 30 June 2026:

  • The median value for Houses in Newstead is $798,095 while the median value for Units is $508,899.
  • Houses have a median rent of $580 while Units have a median rent of $465.
There are currently 16 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 153 properties were sold in the past 12 months in Newstead.

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Beck Routley
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Peter Lees Real Estate
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