38 David St, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1939. The property has a land size of 649m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in April 2001.
This home may be a little rough around the edges, but astute buyers know that's exactly where the value is, especially in a location like this. Newstead is one of Launceston's most highly regarded suburbs and 38 David Street encapsulates everything there is to love about this area. It's less than 5 minutes' walk to shops, cafes, Coles supermarket and The Newstead Hotel. Living in such a location will also land you in the catchment zone for some of Tasmania's most reputable schools and colleges.You could barely hear a pin drop inside this rock-solid home.Apart from being the sturdiest construction, concrete blocks provide major insulation, keeping inside cool in summer and warm in winter.There's a spacious kitchen with loads of bench space, versatile floorplan with wide formal entrance, generous sized rooms, insulated ceiling, lock up garage and off-street parking for boats, caravans and trailers. To complete the package, you can choose between the wood heater reverse cycle Heat Pump.You can never over-capitalize in Newstead and some renovations will only see the value of this home dramatically increase, particularly in this beautiful tree-lined Street which is renowned for its beautiful proud homes and friendly high caliber neighbors.Please call Harley for more information todayFixed and fitted floor coverings, Flat Block, Fully Fenced, Heat Pump, Light fittings
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 2,758 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:
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