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.
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.
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 52.43% increase in median value, while Units have seen a 52.17% increase. As at 28 February 2026:
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