2/18 Rowan Avenue, Newstead, TAS 7250 sold on 27 March 2025 | OnTheHouse
 
SOLD
Sold on 27 Mar 2025 for $212,000

2/18 Rowan Avenue
Newstead TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 300m2
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Property Details for 2/18 Rowan Ave, Newstead

Building Type
Land
Land Size
300m2
Local Government
Launceston
Lot/Plan
2/180223

Last Listing description (June 2025)

*DA Plans available on request*

Affordable project with all the hard yards done! This perfectly level block in highly desirable Newstead comes with a Council-approved Development Application, giving you a head start on turning your vision into reality.

Situated in a quiet, family-friendly street, this block offers a rare blend of tranquility and convenience. You'll be just minutes away from some of Launceston's top schools, vibrant shopping hubs, and essential medical services, ensuring everything you need is within easy reach.

For first-time builders, this is a golden opportunity to take advantage of $10,000 rebate for those who a first home buyers, making that first step into home-ownership even more achievable. Investors will appreciate the potential for strong returns in this high-demand area, while downsizers can look forward to creating a modern, low-maintenance home tailored to their lifestyle.

With its prime location and ready-to-go development approval, services already installed, this property is a blank canvas brimming with potential. Whether you're looking to build, invest, or simply enjoy the perks of a quiet yet connected neighborhood, this block is a must-see.

The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.

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Property History for 2/18 Rowan Ave, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$212,000
27 Mar 2025
  • 27 Mar 2025
    Sold for $212,000
  • 20 Nov 2024
    Listed for Sale Approved plans! $220k - $240k
  • 21 Jan 2021
    Sold for $152,500
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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 2,757 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, 142 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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