19 Olive Street, Newstead, TAS 7250 sold on 29 September 2025 | OnTheHouse
SOLD
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Sold on 29 Sep 2025 for $1,251,000

19 Olive Street
Newstead TAS 7250

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 329m2
Land area: 601m2
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Property Details for 19 Olive St, Newstead

19 Olive St, Newstead is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 601m2 and floor size of 329m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 5 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
2013
Floor Size
329m2
Land Size
601m2
Local Government
Launceston
Lot/Plan
34/129754

Last Listing description (January 2026)

This single-owner residence offers the perfect balance of space, quality, and convenience. Designed with high-end fittings and timeless finishes throughout, the home adapts effortlessly to a wide range of lifestyles - from retirees seeking ease of living through to growing families wanting flexibility.Step inside and enjoy the sense of light and openness, enhanced by 2700mm ceilings, double-glazing, and a neutral palette that will stand the test of time. Multiple living zones and versatile room configurations allow you to tailor the home to your needs, whether thats a home office, extra bedroom, or a dedicated hobby space. The kitchen is sleek and functional with premium appliances, ample storage and a contemporary design, while the generous bathrooms provide both style and function - including a luxurious main bathroom with twin vanities, full bathtub, and a separate large powder room with a third toilet.Outdoors, the appeal continues with super low-maintenance landscaping. Artificial turf installed in 2022, established garden beds with river rock, and secure fencing create a private, easy-care environment - perfect for lock-and-leave living. The home is further enhanced by ducted Actron Air heating and cooling with ceiling vents to every room, a double garage with additional off-street parking, and its prized corner block position.Perfectly placed in the heart of Newstead, this property offers convenience at every turn. Families will love the proximity to some of Launcestons best schools including Launceston Preparatory, Scotch Oakburn, East Launceston Primary, Punchbowl Primary, LCGS Junior School and Newstead College. Shopping centres, medical facilities and the CBD are all close at hand, while nearby parks, sports fields and courts provide endless recreational opportunities.This home is the ultimate Newstead unicorn - a rare blend of space, quality and low-maintenance living in one of Launcestons most sought-after locationsCouncil rates: $833 p/q approx.Water rates: $325 p/q approx.Building size: 270m2 approx.Land size: 601m2 approx.Year built: 2013Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 19 Olive St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,251,000
29 Sep 2025
  • 29 Sep 2025
    Sold for $1,251,000
  • 23 Sep 2025
    Listed for Sale Offers Over $1,250,000
  • 31 May 2001
    Sold for $35,000
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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 2,759 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 11 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 144 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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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.