3/18 Olive Street, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

3/18 Olive Street
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
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Last updated 7 Sep 2026
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Property Details for 3/18 Olive St, Newstead

3/18 Olive St, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 91m2.

Building Type
Unit
Floor Size
91m2
Local Government
Launceston

Last Listing description (August 2026)

THIS SPACE PRESENTS: 3/18 Olive Street, Newstead TAS 7250

Welcome to this home in the heart of Newstead, offering comfort, convenience, and lifestyle - Enjoy everything this inviting Space has to offer.

Spanning two levels, the home features light-filled living areas, a practical kitchen, light filled bedrooms, and the added convenience of a second toilet upstairs.

Outside a fully fenced backyard provides a private Space to relax or entertain, while three off-street car spaces add everyday practicality. Combining comfort, functionality, and a sought-after location, this home is ready for you to make it your own.

THIS SPACE: features.
- Two comfortable bedrooms
- One bathroom
- Additional upstairs toilet
- Spacious living areas with natural light
- Central kitchen
- Recently renovated and fully fenced backyard
- Three dedicated car spaces
- Prime Newstead location.

NOTE: Property can also be furnished for $565.00 per week if required.

THIS SPACE: location.
Nestled in the highly sought-after suburb of Newstead, this address offers the perfect blend of suburban tranquility and urban convenience. Enjoy easy access to local amenities, including reputable schools, vibrant cafes, and essential services, all within a short distance. The property benefits from excellent connectivity to Launceston's CBD, ensuring a quick commute for work or leisure, making this an ideal location for those seeking a balanced Northern Tasmanian lifestyle.

THIS SPACE: lease details.
- 6-12 month lease
- Available now

THIS SPACE: our application process.
1. View virtually online
2. Apply using the 'Apply Now' button
3. If you are shortlisted, you will be contacted to arrange a private inspection

All applicants will be contacted with the outcome of their application regardless of whether they are shortlisted / approved or not.

DISCLAIMER:
This Space Real Estate provides this information for general guidance only. While every effort is made to ensure accuracy, we make no representations or warranties regarding the completeness or reliability of any information provided. All prospective tenants should conduct their own investigations. This Space Real Estate accepts no liability for errors, omissions, or misstatements.

PROPERTY ACCESS DISCLAIMER:
Entry to the property requires prior approval from employees of This Space Real Estate. Persons entering or inspecting the property do so entirely at their own risk. This Space Real Estate, the vendor and their representatives accept no liability for any injury, loss or damage sustained while accessing or inspecting the property, including but not limited to slips, trips, falls, snake bites, uneven terrain or natural hazards. All persons should exercise caution and ensure appropriate footwear and care is taken whilst on the property.

PET POLICY:
At any stage before or throughout this tenancy, the tenant will be required to seek the owner's consent using the approved form to keep a pet at the premises.

VIRTUAL STAGING DISCLAIMER:
Some images in this advertisement may have been digitally staged for illustrative purposes only. Virtual staging is used to demonstrate the potential of a space and does not represent the actual furnishings, finishes, or condition of the property. Prospective tenants should rely on their own inspection and not on virtually staged images when making any decisions. This Space Real Estate accepts no liability for any discrepancy between virtually staged images and the actual property.

Property Code: 382

Property History for 3/18 Olive St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$280/w
03 Jan 2019
  • 11 Jul 2026
    Listed for Rent $535 / week
  • 04 Nov 2016
    Listed for Rent $250 / week
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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. There are 8 parks, covering nearly 15.1% of the 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 2,763 properties. Over the last 5 years, Houses in Newstead have seen a 32.46% increase in median value, while Units have seen a 35.38% increase. As at 31 August 2026:

  • The median value for Houses in Newstead is $778,380 while the median value for Units is $506,082.
  • Houses have a median rent of $590 while Units have a median rent of $460.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 148 properties were sold in the past 12 months in Newstead.

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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.