4/93 Elphin RoadNewstead TAS 7250
Property Details for 4/93 Elphin Rd, Newstead
4/93 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 84m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (November 2024)
Newstead is popular for many things. The proximity to the centre of Launceston. Quality schools nearby. Supermarkets & medical facilities a 1-minute drive away or a 10-minute easy walk and that it is on the public bus service route for Launceston & suburbs.
The solid red brick two-bedroom unit would be perfect for many investors seeking a hassle-free property, a first home buyer or perhaps you live on farming property out of Launceston and are looking for an affordable town base.
It is one of only 4 units on the block, and the furthest from the street, offering privacy and extra security.
The north-facing kitchen has been updated and has plenty of storage, and flows into the open-plan dining and lounge area.
A daybed/window seat in the living room is positioned perfectly to capture the light and warmth from the sun and would be THE spot for a nap or for catching up on the news of the day and there is the added bonus of some storage in here.
Both double bedrooms have large wardrobes, and the centrally located bathroom/laundry is handy to both.
Carport parking is available for one car and there is another designated spot for guest parking.
There is a garden shed for extra storage along with a washing line at the side of the house.
The land around the unit is low to no maintenance and will require minimal upkeep making the purchase of this little home the perfect set and forget investment.
Positioned close to schools, shops, and the town centre, this low-maintenance property offers easy, flat access to all amenities, making it an ideal town base.
Low maintenance & convenient location.
2 bedrooms with built in wardrobes.
Central bathroom + laundry combo.
Open plan living & dining.
Electric heat pump heating/cooling.
Sunny north facing kitchen + dining.
Carport
Public bus route on your doorstep.
Totally level surrounds with easy walk to shops.
Rental estimate: $390 - $420 per week.
Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.
Property History for 4/93 Elphin Rd, Newstead, TAS 7250
- 25 Sep 2024Sold for $360,000
- 16 Sep 2024Listed for Sale $345,000-$375,000
- 10 Jul 2023Sold for $320,000
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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.
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