1/7 Mckellar Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

1/7 Mckellar Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 88m2
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Property Details for 1/7 Mckellar Rd, Newstead

1/7 Mckellar Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 88m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Year Built
1972
Floor Size
64m2
Land Size
88m2
Local Government
Launceston
Lot/Plan
1/59888

Last Listing description (September 2017)

Whether you're an investor looking to expand the rental portfolio, first home buyer trying to get your foot in the door or a retiree wishing to downsize to a manageable unit in a place where access to services is paramount, this brick unit will tick all the boxes.
This two bedroom unit has a northerly outlook with views across the city and mountains, an open plan kitchen/living area and both bedrooms offer built in wardrobes. There is a carport provided for off street parking, public transport is at the doorstep and all city conveniences are close by. Contact Jeremy Wilkinson for your inspection.
Rental Estimate: $215 pw

Unit size: 64m
Land size: 88m
Built: 1972
*All measurements are approximate

Property History for 1/7 Mckellar Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$144,000
31 Jul 2017
  • 31 Jul 2017
    Sold for $144,000
  • 17 Jul 2017
    Listed for Sale $149,000
  • 22 Oct 2010
    Sold for $145,000
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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 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.

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.