1/115 Elphin Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
 
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1/115 Elphin Road
Newstead TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 94m2
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Last updated 29 Dec 2025
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Property Details for 1/115 Elphin Rd, Newstead

1/115 Elphin Rd, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 94m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in April 2006.

Building Type
Unit
Year Built
1970
Floor Size
80m2
Land Size
94m2
Local Government
Launceston
Lot/Plan
1/59485

Last Listing description (December 2016)

This gorgeously renovated unit is a blank canvas ready for you to make your own. With a neutral colour scheme throughout and a modern fit- out, its ideal for single person or couple looking for affordability without compromising on quality.
Features & Benefits;
- Polished concrete floors

- Bedroom nook with walk in robe
- Fresh and bright bathroom
- Reverse cycle air conditioning
Property Layout & Yard Features;
- Off street parking accessible from Olive Street
- Single garage for secure storage or parking
- Quiet neighbours in a single level unit complex
- Perfectly located 5 minutes from the city centre
Lease details;
- $200 per week
- $800 bond
- Long term lease preferred
Pet Options;
- Unfortunately pets are not allowed in this property
With its ideal location, quiet setting and sophisticated fit-out this property is sure to please. Don't miss out on your viewing!

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Property History for 1/115 Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$113,000
11 Apr 2006
Listed for Rent
$200/w
30 Nov 2016
  • 18 Nov 2016
    Listed for Rent $200 / week
  • 25 May 2015
    Listed for Rent - Price not available
  • 04 May 2015
    Listed for Rent $200 / week
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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 3 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 144 properties were sold in the past 12 months in Newstead.

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© Copyright 2026. 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.

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