28 Olive Street, Newstead, TAS 7250 | Property Value & History | OnTheHouse
 
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28 Olive Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 123m2
Land area: 582m2
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Last updated 22 Dec 2025
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Property Details for 28 Olive St, Newstead

28 Olive St, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1927. The property has a land size of 582m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in July 2006.

Building Type
House
Year Built
1927
Floor Size
123m2
Land Size
582m2
Local Government
Launceston
Lot/Plan
1/68054

Last Listing description (August 2015)

- 3 BEDROOM HOME WITH 1 BATHROOM & BRAND NEW SEPARATE 1 BEDROOM UNIT LOCATED BEHIND- 2 SEPARATE LIVING AREAS WITH POLISHED FLOORBOARDS THROUGHOUT - CLOSE TO CBD, SCHOOLS & SHOPPING CENTRES - UPDATED KITCHEN & BATHROOM IN A VERY HIGH DEMAND SUBURB- HEAT PUMP & SECURE OFF STREET PARKING PLEASE CALL LIVING HERE ON 6332 3500 TO ARRANGE A TIME TO WALK THROUGH THIS PROPERTY WITH ONE OF OUR AGENTS.FEATURES INCLUDE: AIR CONDITIONING, CLOSE TO SCHOOLS, CLOSE TO SHOPS, CLOSE TO TRANSPORT, SECURE PARKING

Property History for 28 Olive St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$190,000
10 Jul 2006
Listed for Rent
$350/w
09 Aug 2015
  • 04 May 2015
    Listed for Rent - Price not available
  • 24 Feb 2012
    Listed for Rent $270 / week
  • 10 Jul 2006
    Sold for $190,000
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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 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, 146 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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