42 Cypress Street, Newstead, TAS 7250 sold on 17 July 2025 | OnTheHouse
 
SOLD
Sold on 17 Jul 2025 for $500,000

42 Cypress Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 335m2
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Property Details for 42 Cypress St, Newstead

42 Cypress St, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1945. The property has a land size of 335m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
1945
Floor Size
96m2
Land Size
335m2
Local Government
Launceston
Lot/Plan
1/172023

Last Listing description (February 2022)

This functional three-bedroom home offers comfortable living in an excellent location. The home is neat and tidy and flooded with natural light. The garden wraps around the northern and eastern aspects providing privacy and a green outlook from the living areas, and the enclosed carport and rear verandah provide useful undercover areas.

Located in the ever-popular suburb of Newstead
Neat, tidy home with great natural light and well-proportioned rooms

Functional floorplan including three bedrooms, a dine-in kitchen, comfortable lounge room with cosy wood heater and heat pump, and separate laundry
Off-street parking options including a double carport
Low-maintenance yard with raised vegetable gardens
Only minutes from the CBD, and a short stroll from some of Launceston's best schools and shops

Council rates: $370 p/q approx.
Water rates: $250 p/q approx.
Land size: 335m2 approx.
Building size: 120m2 approx.
Year built: 1950
Rental estimate: $400-$420

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.

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Property History for 42 Cypress St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$500,000
17 Jul 2025
Listed for Rent
$350/w
20 Dec 2019
  • 17 Jul 2025
    Sold for $500,000
  • 17 Jan 2022
    Sold for $480,000
  • 31 Dec 2021
    Listed for Sale Best Offer Over $399,000
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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 13 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 148 properties were sold in the past 12 months in Newstead.

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© Copyright 2025. 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.

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