131 Elphin Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

131 Elphin Road
Newstead TAS 7250

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Floor area: 359m2
Land area: 1655m2
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Property Details for 131 Elphin Rd, Newstead

131 Elphin Rd, Newstead is a 6 bedroom, 3 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 1655m2 and floor size of 359m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
House
Year Built
1920
Floor Size
359m2
Land Size
1655m2
Local Government
Launceston
Lot/Plan
1/172924

Last Listing description (April 2017)

** PRESS PLAY TO WATCH A FULL HD VIDEO TOUR OF THIS PROPERTY **

This distinguished family home is designed with flair and culminates multiple living options with stunning period details. Entrenched in one of Launceston's most popular suburbs it is well placed within easy walking distance to Scotch Oakburn College, Newstead College and The Launceston Preparatory School. The local area contains a supermarket, chemist, doctors and many other conveniences.

- Extremely versatile, the current configuration has 6 bedrooms, 1 study, 2 living areas and 3 bathrooms

- Additional features include electric reverse cycle heating, soaring ceilings, open fireplace, security alarm, some double glazed windows, internal access to double garage and plenty of off-street parking
- Generous floor plan encompasses a wonderful open plan living area
- Crafted to function as a stage for grand formal occasions and intimate family gatherings alike, there is a wealth of entertaining spaces
- Sun drenched, the living areas flow effortlessly onto a gorgeous entertaining deck
- Designed with a strong balance of light and space
- Silestone sleek bench tops, large butler's pantry, Smeg oven are on show in the stunning new kitchen
- Luxuriously appointed master suite with lavishly designed en suite including a sumptuous freestanding bath plus fitted walk-in robe
- 3 sleek bathrooms with black tapware & designer tiling
- This consummate family lifestyle is further enhanced by its walkable location with transport and all of Newstead's amenities just minutes away

** Driveway access off Olive Street.

Property History for 131 Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$495,000
09 Apr 2016
  • 13 Dec 2016
    Listed for Sale $750,000 - $850,000
  • 09 Apr 2016
    Sold for $495,000
  • 10 Mar 2016
    Listed for Sale Not Disclosed
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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, 147 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.