2/115A Elphin RoadNewstead TAS 7250
Property Details for 2/115a Elphin Rd, Newstead
2/115a Elphin Rd, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 71m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Last Listing description (August 2024)
Located in the highly sought-after Newstead area on Elphin Road, this one-bedroom unit offers low maintenance living with dual access from Elphin Road or Olive Street. The open plan kitchen, dining and lounge area provides a comfortable space, while the bathroom/laundry features a full-size bath and separate vanity. With the potential to add more bedrooms using the attached garage, this unit is perfect for an Airbnb. Enjoy the convenience of reverse cycle air conditioning and a lock-up garage.
Just a short drive to Launceston's CBD, airport, shops, restaurants and recreational facilities, this unit is ideally situated for easy living or a simple investment option.
Key Features:
? A great area for potential Airbnb
? Low maintenance solid brick, one bedroom unit
? Dual access off Elphin Road or Olive Street
? Potential to add more bedrooms using the garage attached
? Situated on a flat block on one level
? Open plan kitchen, dining, lounge area
? Bathroom/laundry offers a full-size bath and separate vanity
? Reverse cycle air conditioning
? Lock-up garage attached
? Close to Launceston Aquatic, Tennis & Bowls centres, restaurants and cafes
? Just 2 minutes' drive (500m) to supermarket, shops & facilities in Newstead's shopping hub
? Only 3 minutes' drive to Launceston's CBD & 16 minutes to Launceston Airport
Contact Jeremy Wilkinson for your inspection.
Rental estimate: Up to $320 pw
Unit size: 71 sqm
Land size: 71 sqm
Built: 1974
Council: Launceston
Council rates: $1,260 pa
Body Corporate: $1,749 pa
Zoning: General Residential
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
Property History for 2/115a Elphin Rd, Newstead, TAS 7250
- 04 Jun 2024Sold for $286,000
- 27 May 2024Listed for Sale Not Disclosed
- 05 May 2022Listed for Rent $300 / week
Recent sales nearby
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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.
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