37 Newstead Crescent, Newstead, TAS 7250 | Property Value & History | OnTheHouse
 
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37 Newstead Crescent
Newstead TAS 7250

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 145m2
Land area: 842m2
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Last updated 22 Dec 2025
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Property Details for 37 Newstead Cres, Newstead

37 Newstead Cres, Newstead is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1969. The property has a land size of 842m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in April 2012.

Building Type
House
Year Built
1969
Floor Size
145m2
Land Size
842m2
Local Government
Launceston
Lot/Plan
16/16927

Last Listing description (March 2021)

Opportunities like this dont come along very often. This property has so many possibilities for the astute purchaser. Use it in its current setup as a 2/3 bedroom apartment upstairs and 2 x 1 bedroom apartments downstairs showing a great rental return history. Rent them all out or live upstairs and rent downstairs to help pay the mortgage or maybe the parents upstairs and the Y generation downstairs. If you want a lovely home in a dress circle location then convert it back into one residence. All of this is set in magnificent park like gardens and heres the clincher, you can also buy the block next door to extend your garden or build something else to your liking. That stick is going to get blunt real quick.
Please call Peter McGillvery on 0418 134 110

Property History for 37 Newstead Cres, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$250,000
20 Apr 2012
Listed for Rent
$235/w
28 Nov 2009
  • 10 Nov 2020
    Listed for Sale Contact Agent
  • 20 Apr 2012
    Sold for $250,000
  • 02 Feb 2012
    Listed for Sale Not Disclosed
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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, 146 properties were sold in the past 12 months in Newstead.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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