2/7 Mckellar Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

2/7 Mckellar Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 89m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 29 Dec 2025
Low

High
Save

Property Details for 2/7 Mckellar Rd, Newstead

2/7 Mckellar Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 89m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
1972
Floor Size
63m2
Land Size
89m2
Local Government
Launceston
Lot/Plan
2/59888

Last Listing description (May 2024)

Nestled in the neighbourhood of Newstead, this unit at 2/7 McKellar Road presents an opportunity for those seeking an entry into the property market. This two-bedroom unit awaits you with the promise of comfort and convenience.

Step inside this unit to discover kitchen which flows into a spacious open plan living area basked in natural light. Both bedrooms are generously proportioned, boasting built-in robes and offering a peaceful retreat at day's end.

This property stands out not only for its internal features but also for its prime location. Situated a mere stone's throw from the bustling heart of the CBD, it provides easy access to local shops for all your daily necessities. Nearby parks offer a verdant escape for leisurely strolls or weekend picnics, adding to the allure of this idyllic setting.

Safety and security are paramount here, ensuring peace of mind for the discerning buyer. Complementing the unit is a single carport, providing convenient off-street parking.

With its favourable outlook and an array of features that resonate with the aspirations of first-time homeowners, 2/7 McKellar Road is more than just a dwelling – it's the key to a new beginning. Don't miss the chance to make it yours and experience the vibrant Newstead lifestyle.

Council rates: $567 p/q approx.
Water rates: $268 p/q approx.
Building size: 66m2 approx.
Land size: 89m2 approx.
Rental Estimate: $350-$380 p/w

Key2 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 2/7 Mckellar Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$280,000
18 Apr 2024
Listed for Rent
$230/w
20 Jan 2019
  • 18 Apr 2024
    Sold for $280,000
  • 30 Jan 2024
    Listed for Sale $275,000-$295,000
  • 04 Jan 2019
    Listed for Rent $230 / week
Sign in to see more transactions
Commute Calculator

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.
There are currently 13 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

Market Insights
Newstead Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newstead Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
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.