3/115A Elphin Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

3/115A Elphin Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/115a Elphin Rd, Newstead

3/115a Elphin Rd, Newstead is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1974. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1974
Local Government
Launceston
Lot/Plan
3/140869

Last Listing description (October 2017)

Buy The Finished Product or You Do The Work

The work is underway, the vendor is getting through it and it should be done in a few months time but this creates an opportunity for the savy purchaser.
The vendor is open to negotiate on price if you would like to finish the work yourself. Once finished, this unit could achieve a solid rental return.
Schools, public transport and shopping are all close by.

For more details or an inspection, please call Duncan Morrison at Ray White Launceston

Property History for 3/115a Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$420,000
05 Nov 2021
  • 13 Oct 2017
    Sold for $137,000
  • 29 May 2017
    Listed for Sale $139,000-$159,000
  • 04 Feb 2009
    Listed for Sale $115,000
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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 14 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 147 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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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.