4/86 Elphin Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

4/86 Elphin Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 87m2
Land area: 87m2
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Property Details for 4/86 Elphin Rd, Newstead

4/86 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom Unit and was built in 1972. The property has a land size of 87m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2014.

Building Type
Unit
Year Built
1972
Floor Size
87m2
Land Size
87m2
Local Government
Launceston
Lot/Plan
4/59466

Last Listing description (June 2014)

Investors call us today for further information on this neat two bedroom unit. Located on Elphin Road this sought after location is consistently popular as a rental property. Minute's walk from Scotch Oakburn College, East Launceston Primary School, the Newstead shopping precinct and Launceston's CBD. Could there be a more perfect location for the next addition to your portfolio? Existing tenants have been there for several years with glowing recommendations available. The unit is tenanted until 21/1/2015 at $190 per week. The property offers two bedrooms both with built in wardrobes. The master bedroom, living space and sunroom/ front entrance face east for beautiful morning sun. The humble kitchen is neat and tidy featuring Chef and Westinghouse appliances. Public transport is available close by, however a carport space is provided for off street parking. This unit represents great value. We look forward to your call today.


*All measurements are approximate

Property History for 4/86 Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$165,000
23 May 2014
  • 23 May 2014
    Sold for $165,000
  • 21 Mar 2014
    Listed for Sale NEG. OVER $169,000
  • 30 Oct 2003
    Sold for $126,000
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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 2,759 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 14 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 147 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.