31 David Street, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

31 David Street
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 198m2
Land area: 681m2
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Property Details for 31 David St, Newstead

31 David St, Newstead is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 681m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
House
Year Built
1950
Floor Size
198m2
Land Size
681m2
Local Government
Launceston
Lot/Plan
4/219704

Last Listing description (March 2021)

Tremendous opportunity to buy a 3 bedroom brick home on a near level 678m2 block in Newstead. Almost completely un-renovated the home already has the beautiful floor boards and high ceilings, all it needs now is your imagination. Maybe you will extend the back of the house making room for a fabulous open plan kitchen, dining and lounge room or maybe you will buy now and hold for a few years and have a tenant pay the mortgage? Whatever you dream of doing, this is a great blank canvas on which to do it. An added bonus is the extra room/study off the kitchen and there is even a second toilet. The NBN is already connected and there is a reverse cycle heat pump in the lounge.

This home is within easy walking distance of schools and shops and is only 350m (approx) from the nearest Coles supermarket, Chemist, Dr's office and Hair dressers and it is within walking distance of East Launceston Primary School and Launceston Preparatory School and a very short drive to Scotch Oakburn Junior School and Newstead College. There is plenty of room to park the car with a huge double garage outback that has enough room for a workshop at the rear or could easily be used for storage.

This is a must see property for anyone looking for a great project, renovator, first home, down sizer or investment property. Don't wait... call me today and book in your inspection to avoid disappointment.

Property History for 31 David St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$255,500
07 Jan 2016
Listed for Rent
$250/w
18 Aug 2009
  • 07 Jan 2016
    Sold for $255,500
  • 16 Dec 2015
    Listed for Sale Offers Over $249,000
  • 24 Jun 2009
    Listed for Rent - Price not available
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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, 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.