39 Mckellar Rd, Newstead is a 0 bedroom, 0 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 604m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 0 bedroom House sold in Newstead in the last 12 months.
Set in the impressive suburb of Newstead, situated on a corner block, is this 2 bedroom house, with a 1 bedroom self-contained flat, both with separate entries. Both areas are currently occupied with both tenants having strong interest in staying on.
The main house features two large bedrooms both with built-in robes and serviced by a function bathroom with bath with an overhead shower, vanity and toilet and laundry with external access. The kitchen is separate to the main living room and includes ample bench and cupboard space, stove and rangehood, double sink and an outlook to the back yard. The living room has electric heating but includes a serving window from the kitchen for easy interaction from each area. The garage is situated adjacent to the living.
The lower-level flat includes a kitchen/living area with stove, rangehood, double sink and cupboards. The bedroom has a built-in robe and the bathroom is situated at the opposite end, also with combined bath with overhead shower, vanity and toilet.
Close to conveniences such as the Newstead shopping precinct, only a 3 minute drive, the Launceston General Hospital a 4 minute drive and the Launceston CBD just 7 minutes away, this property is sure to tick a lot of boxes for investors.
Council rates: $613p/q approx.
Water rates: $500p/q approx.
Building size: 115m2 approx.
Land size: 604m2 approx.
Year built: 1950
Current combined rental income: $520 per week
Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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:
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