1/4 Phelps Place, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1/4 Phelps Place
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 165m2
Land area: 307m2
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Last updated 4 May 2026
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Property Details for 1/4 Phelps Pl, Newstead

1/4 Phelps Pl, Newstead is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 307m2 and floor size of 165m2.

Building Type
Unit
Year Built
2004
Floor Size
165m2
Land Size
307m2
Local Government
Launceston
Lot/Plan
1/142970

Last Listing description (November 2025)

Executive Family Home in Desirable Elphinwood

Located in the popular suburb of Newstead is this modern double story 3-bedroom family townhouse.

Features and Benefits:

- Sunny, elevated aspect
- Close to nearby shops, schools, cafs and services
- Spacious open plan kitchen & living room
- Modern kitchen appliances
- Reverse cycle air-conditioner for all of your heating/cooling needs
- Low-maintenance private courtyard
- Paved outdoor entertaining area

Property Layout & Yard Features:
- Master bedroom with walk-in wardrobe and ensuite
- Two additional bedrooms, each with built-in wardrobes
- Open plan kitchen/living area featuring modern appliances
- Modern bathroom with a corner spa bath
- Three toilets for added convenience
- Separate laundry nook
- Secure rear yard
- Double garage with internal access

Perfectly positioned within easy reach of Newstead shopping, the Launceston CBD, excellent schools, and popular cafs and restaurants. Everything you need is only moments away.

Lease Details and Property Connections;
Rent: $590.00 per week
Bond: $2,360.00
Lease Term: 12 Months
Pets: Sorry, pets are not permitted
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Property History for 1/4 Phelps Pl, Newstead, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$590/w
28 Nov 2025
  • 14 Nov 2025
    Listed for Rent $590 / week
  • 31 Oct 2023
    Listed for Rent $530 / week
  • 07 Sep 2020
    Listed for Rent $435 / 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 2,758 properties. Over the last 5 years, Houses in Newstead have seen a 47.26% increase in median value, while Units have seen a 51.45% increase. As at 31 March 2026:

  • The median value for Houses in Newstead is $777,142 while the median value for Units is $497,916.
  • Houses have a median rent of $570 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 152 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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Cotality Copyright and Legal Disclaimers about Property Data
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.