3/86 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces and was built in 1972. The property has a land size of 87m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 2 bedroom Apartment sold in Newstead in the last 12 months.
Positioned in a secure and highly convenient pocket of Newstead, 3/86 Elphin Road presents an outstanding opportunity for first-home buyers, downsizers or savvy investors looking to secure a quality apartment just moments from the Launceston CBD. Offering comfort, privacy and stunning city views, this spacious two-bedroom apartment has so much to love.
You are welcomed by the modern kitchen, complete with quality appliances. Flowing seamlessly from the kitchen is the oversized living area, a warm and inviting space large enough to comfortably accommodate both lounge and dining settings. Complete with reverse cycle heating and cooling, this room is designed for year-round comfort while also capturing beautiful elevated views overlooking the city of Launceston.
Adding even more versatility to the home is the bright and sunny sunroom. Whether you are searching for a home office, reading nook, hobby space or simply another area to relax and enjoy the sunshine, this additional room offers endless possibilities while continuing to take in the lovely outlook.
Both bedrooms are generously sized and feature large built-in wardrobes, providing excellent storage and functionality. The modern bathroom is impressively spacious and includes both a separate shower and a bath, perfectly suited for everyday living. Additional storage cupboards throughout the apartment further enhance the practicality of the home.
Security and privacy are standout features of this property, with secure access required to enter the main building as well as the unit itself, providing peace of mind for residents. The property also includes a private carport located within the secure residents' area.
Located only a one-minute walk from Newstead College and approximately an eight-minute drive to the Launceston CBD, this apartment combines low-maintenance living with unbeatable convenience. Local shops, cafes, schools and medical facilities are all within close proximity, making day-to-day living effortless.
A fantastic opportunity to secure a spacious, secure and low-maintenance apartment in one of Newstead's most desirable locations
The Facts:
• Building size: 87m²
• Year built: 1972
• Rental assessment: $450 p.w.
• Body Corporate fees: $2,600 pa approx.
• Council rates: TBC
• Zoning: General Residential
• Municipality: City of Launceston Council
Harcourts Northern Midlands has obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to conduct their own due diligence.
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 2,761 properties. Over the last 5 years, Houses in Newstead have seen a 41.72% increase in median value, while Units have seen a 37.69% increase. As at 31 May 2026:
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