158 Abbott St, Newstead is a 3 bedroom, 1 bathroom House. The property has a land size of 521m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Newstead in the last 12 months.
If you've been waiting for the right project to make your mark, this could be the one. Priced to inspire and offering excellent scope to add value, this three-bedroom home presents an exciting opportunity for those with the vision and skills to transform it into something truly special.
Currently rented, the photos are from a previous campaign when the property last sold only a few years ago - showcasing its classic 1950s art deco-inspired character and charm.
The Home Offers:
* Three well-proportioned bedrooms
* Two spacious living areas providing flexibility for the whole family
* A kitchen and dining space ready for your personal touch
* New wood heater for cosy winter nights
* One central bathroom
* Polished timber boards in the living areas and carpeted bedrooms
* A flowing, light-filled floor plan
Outside, the fully fenced block offers plenty of room for children and pets to play, while the deck provides the perfect spot for summer BBQs. A storage shed and single carport add to the home's practicality.
For full transparency, a building inspection report is available and does identify some foundation work required. This provides buyers with clarity upfront and presents an opportunity to plan improvements while maximising future value. Don't hesitate to get in touch with me for the inspector's details to obtain a copy of the report.
Set in a sought-after Newstead location, you're within walking distance of schools, parks, cafes, and Newstead Shopping Centre - with Launceston's CBD just minutes away.
Whether you're an investor seeking a property in a high-demand area or a hands-on buyer ready to roll up your sleeves and create something special, this one is sure to attract plenty of attention.
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:
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