Located in the heart of new 'Newstead', this subdivision is fast becoming the hot spot for builders/home owners who want the new home but must have the right location. Situated on the door/bridge entrance to the iconic Punchbowl Reserve. Eastman's Green offers the lot! Block sizes vary from 590m2 to 2400m2, there are flat blocks and sloping blocks that allow for that architectural master piece. There are terms to suit for builders, full Geo Teck reports available for each block, This is Launcestons new Hot Spot!
*All measurements are approximate.
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 52.43% increase in median value, while Units have seen a 52.17% increase. As at 28 February 2026:
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