1a Mckellar Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 335m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Centrally located between Launceston s CBD and the ever popular Kings Meadows shopping precinct this immaculately maintained home is also conveniently positioned on a bus route.
The floor plan of some 104m2 offers sunny open plan kitchen, formal living, 2 bedrooms both with generous sized built-in robes, bathroom with separate bath, shower and vanity, separate toilet and separate laundry. In addition, there is a sunroom and garage (with remote controlled roller door) with internal access.
The paved rear yard is an absolute delight. Private, secure, sunny and north facing it is beautifully established and big enough to entertain in but small enough that caring for it is not a laborious task. There s even a discreetly positioned colourbond garden shed on a concrete slab in which you can store your bits and pieces.
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 47.26% increase in median value, while Units have seen a 51.45% increase. As at 31 March 2026:
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