Lot 2 Junction St, Newstead, TAS 7250 | Land for sale | OnTheHouse
 
FOR SALE
Offers Over $890,000

Lot 2 Junction Street
Newstead TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5974m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Prime Multi-Unit Development Site

This outstanding 5974 sqm (approx 1.5 acres) cleared site presents a prime opportunity for multi-unit or townhouse development (STCA). Elevated with sweeping views across Newstead to the eastern hills, it combines scale, outlook and proximity to Launceston's key amenities - an ideal platform for your next project.
An adjoining 819 sqm allotment (Lot 1 Junction St) can also be acquired, bringing the total to 6793 sqm (1.7 acres). In addition, a separate 5209 sqm site at 37 Talbot Road (sold separately) already holds DA approval for four units, offering further scope for coordinated development in this emerging pocket.
All services are available at the boundary, ensuring a straightforward start to construction. Located just five minutes from Launceston CBD and moments from Newstead's shopping precinct, schools and services, this site is ready to reward a builder or developer with vision.
Contact Jeremy Wilkinson for further information.
Land size: 5974 sqm (approx 1.5 acres)
Council: Launceston
Zoning: General Residential
**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 Details for Lot 2 Junction St, Newstead

Building Type
Land
Land Size
5974m2
Commute Calculator

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 2,759 properties. Over the last 5 years, Houses in Newstead have seen a 52.53% increase in median value, while Units have seen a 42.78% increase. As at 30 November 2025:

  • The median value for Houses in Newstead is $727,366 while the median value for Units is $425,239.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 146 properties were sold in the past 12 months in Newstead.

Newstead Profile Page

Suburb Insights for Newstead 7250

Visit Newstead profile page
Market Insights
Newstead Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Newstead Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Newstead profile page
Contact agent
agent headshot
Jeremy Wilkinson
Show contact details
Call agent
agent headshot
Kassia Dell
Show contact details
Call agent
Harcourts Launceston
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X
HomeContact usPrivacy policyTerms of useDisclaimers