4/88 Elphin Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
 
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4/88 Elphin Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 75m2
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Last updated 16 Mar 2026
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Property Details for 4/88 Elphin Rd, Newstead

4/88 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom Unit and was built in 1966. The property has a land size of 75m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in June 2003.

Building Type
Unit
Year Built
1966
Floor Size
70m2
Land Size
75m2
Local Government
Launceston
Lot/Plan
4/60071

Last Listing description (March 2026)

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THIS SPACE PRESENTS: 4/88 Elphin Road, Newstead, Tas 7250

This fully furnished two-bedroom unit offers comfortable, low-maintenance living in the sought-after suburb of Newstead, Tasmania. Featuring a light-filled open-plan living area, modern bathroom, well-equipped kitchen, and two dedicated car parks, the home is ideal for professionals, couples, or a small family. Conveniently located close to local shops, schools, parks, and just minutes from the Launceston CBD, this move-in-ready property presents an excellent rental opportunity.

THIS SPACE: features.

- Two spacious bedroomsModern bathroom

- Light-filled open-plan living and dining area

- Fully equipped kitchen with appliances and ample storage

- Two dedicated car parksQuality furnishings throughout - move in with ease

- Situated in ideal location, moment from Launceston CBD surrounded by popular cafes, shops and amenities

- Split system heating and cooling

THIS SPACE: location.

Newstead is a highly sought-after suburb in Launceston, known for its family-friendly atmosphere, tree-lined streets, and proximity to top-rated schools like Scotch Oakburn College, St Thomas Mores, and Punchbowl Primary. Residents enjoy convenient access to local shops, cafes, restaurants, and essential services, all while being just a short drive from Launcestons city centre. With a strong community feel and a reputation for quality living, Newstead is ideal for families, professionals, and investors alike.

THIS SPACE: lease details.

- 6-12 month lease

- Available now

THIS SPACE: our application process.

1. View virtually online

2. Apply using the Apply Now button

3. If you are shortlisted, you will be contacted to arrange a private inspection

All applicants will be contacted with the outcome of their application regardless of whether they are shortlisted / approved or not.

DISCLAIMER:
This Space Real Estate provides this information for general guidance only. While every effort is made to ensure accuracy, we make no representations or warranties regarding the completeness or reliability of any information provided. All prospective tenants should conduct their own investigations. This Space Real Estate accepts no liability for errors, omissions, or misstatements.

Property Code: 230

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Property History for 4/88 Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$80,000
02 Jun 2003
Listed for Rent
$320/w
01 Sep 2020
  • 19 Feb 2026
    Listed for Rent $590 / week
  • 22 Aug 2020
    Listed for Rent $320 / week
  • 30 Sep 2016
    Listed for Rent $260 / week
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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 52.43% increase in median value, while Units have seen a 52.17% increase. As at 28 February 2026:

  • The median value for Houses in Newstead is $762,837 while the median value for Units is $463,633.
  • Houses have a median rent of $550 while Units have a median rent of $465.
There are currently 9 properties listed for sale, and 2 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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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. 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.

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.

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