3/93 Elphin Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

3/93 Elphin Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 83m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Dec 2025
Low

High
Save

Property Details for 3/93 Elphin Rd, Newstead

3/93 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 83m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Year Built
1968
Floor Size
66m2
Land Size
83m2
Local Government
Launceston
Lot/Plan
3/59509

Last Listing description (November 2024)

Introducing a charming two-bedroom apartment in the heart of Newstead! Freshly updated with new carpets, kitchen flooring, modern paint, and a sleek bathroom/combined laundry, this move-in-ready gem offers comfort and style. Plus, with a brand-new hot water cylinder and chic window furnishings, with privacy blinds, it's packed with thoughtful upgrades.

One of just four on the block, it's perfectly positioned within walking distance to top schools like Scotch Oakburn Junior School and Launceston Church Grammar. Enjoy a flat stroll into town, access to nearby medical services, and close proximity to the University of Tasmania and St Lukes Private Hospital. Leave the car at home and take advantage of the bus stop that is just steps away.

With its own carport and efficient heat pump, this low-maintenance, beautifully updated apartment is ideal for first-home buyers, savvy investors, or those looking to downsize in style. A rare find in a prime location-don't miss out!

Property History for 3/93 Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$365,000
22 Sep 2024
Listed for Rent
$220/w
05 Feb 2016
  • 22 Sep 2024
    Sold for $365,000
  • 18 Sep 2024
    Listed for Sale Sold For $365,000.00
  • 16 Dec 2015
    Listed for Rent - Price not available
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 2,757 properties. Over the last 5 years, Houses in Newstead have seen a 57.14% increase in median value, while Units have seen a 51.87% increase. As at 31 October 2025:

  • The median value for Houses in Newstead is $729,884 while the median value for Units is $417,106.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 142 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.