15/86 Elphin Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
 
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15/86 Elphin Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 1 Dec 2025
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Property Details for 15/86 Elphin Rd, Newstead

15/86 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
1972
Local Government
Launceston
Lot/Plan
15/59466

Last Listing description (July 2023)

FULLY FURNISHED - EAST LAUNCESTON

**NOTE: We request applications are submitted online prior to booking a viewing.**

The market is screaming for affordable rental options and this might just be the perfect solution for people looking for exactly that!

This fully furnished apartment in popular East Launceston is ready to be lived in!

Features include:
- Fully Furnished (excluding linen)
- Off-street parking included
- Central, sought after location
- Spacious living space with extra sun room / study
- Spit-system heating and cooling
- Sun-filled with double glazed windows through out
- Internet included!

Lease details:
- 12 month lease preferred
- Available late July

Get in quick! This is an opportunity to secure a long-term, low-maintenance home with lots of perks at a very affordable price!

Apply online now, and we will be in touch!

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Property History for 15/86 Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$321,000
23 Jul 2020
  • 12 Jul 2023
    Listed for Rent $410 per week | Fully Furnished
  • 23 Jul 2020
    Sold - Price Undisclosed
  • 07 Apr 2020
    Listed for Sale $320,000
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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 2,758 properties. Over the last 5 years, Houses in Newstead have seen a 57.14% increase in median value, while Units have seen a 51.87% increase. As at 31 October 2025:

  • The median value for Houses in Newstead is $729,884 while the median value for Units is $417,106.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 12 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.

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© Copyright 2025. 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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