11/88 Elphin RoadNewstead TAS 7250
Property Details for 11/88 Elphin Rd, Newstead
11/88 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1966. The property has a land size of 75m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in June 2009.
Last Listing description (August 2025)
Now is your opportunity to buy a property in arguably one of the best streets in Launceston, being within walking distance to some of Launceston's finest schools, the Aquatic Centre and the C.B.D via the City Park.
This property is extremely low maintenance and has had a lot of freshening up, with painting throughout and the bathroom being recently upgraded. This unit is extremely spacious with a large lounge and generous bedrooms, both with built in wardrobes.
The property may present the perfect opportunity for someone looking to get their foot in the property market, young professionals wanting to be close to the city, or, with council approval, may be an ideal airbnb unit.
For your own private inspection call Peter Lees Real Estate today.
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Boundary lines are indicative only.
Property History for 11/88 Elphin Rd, Newstead, TAS 7250
- 29 Nov 2024Listed for Rent $380 / week
- 15 Mar 2023Listed for Sale $375,000
- 01 Apr 2021Listed for Rent $300 / week
Recent sales nearby
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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.
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