12/88 Elphin Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
 
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12/88 Elphin Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 75m2
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Last updated 19 Jan 2026
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Property Details for 12/88 Elphin Rd, Newstead

12/88 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1966. The property has a land size of 75m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in April 2009.

Building Type
House
Year Built
1966
Floor Size
75m2
Land Size
75m2
Local Government
Launceston
Lot/Plan
12/60071

Last Listing description (February 2025)

This low maintenance unit is ideal for the city dweller being located so conveniently close to town!

Features & Benefits;
- Updated bathroom

- Electric heating
- White goods are included (washing machine, fridge/freezer)
- Bus stop right out the front

Property Layout & Yard Features;
- Built in robes for both of the bedrooms
- Spacious and well planned kitchen
- The bathroom is equipped with a bath
- There is a carport for one car

Your lifestyle will be enhanced by the ease of living in this low maintenance unit so close to the CBD. With the convenience of a bus stop at the front of the building and only a short walk to all amenities, what more could you ask for from a city apartment?

Lease Details;
- $400 rent per week
- $1600 bond
- 12 month lease preferred

Pet Options;
- Pets are not suitable unfortunately

To arrange an inspection is very easy! To book a time to inspect the property, simply click on "book an inspection time" and select from the available times. By registering, you will be informed of any updates, changes, or cancellations for your appointment.

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Property History for 12/88 Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$150,000
06 Apr 2009
Listed for Rent
$400/w
11 Feb 2025
  • 15 Jan 2025
    Listed for Rent $400 / week
  • 15 Jan 2018
    Listed for Rent - Price not available
  • 22 Dec 2016
    Listed for Rent - Price not available
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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 57.47% increase in median value, while Units have seen a 44.47% increase. As at 31 December 2025:

  • The median value for Houses in Newstead is $759,959 while the median value for Units is $430,815.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 145 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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