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

38 David Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 649m2
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Property Details for 38 David St, Newstead

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.

Building Type
House
Year Built
1939
Floor Size
123m2
Land Size
649m2
Local Government
Launceston
Lot/Plan
4/71416

Last Listing description (October 2021)

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

Property History for 38 David St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$89,500
24 Apr 2001
  • 22 Jun 2021
    Listed for Sale Contact Agent
  • 24 Apr 2001
    Sold for $89,500
  • 15 Mar 1990
    Sold for $25,000
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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 2,758 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:

  • 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 12 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 146 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.