48 David St, Newstead is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 445m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in April 2025.
This charming circa 1920 two-bedroom home on a corner block blends classic character with lifestyle appeal in one of Newstead's most beautiful streets. Surrounded by stunning deciduous trees on David St, it's a standout opportunity for first home buyers or renovators ready to add value. Heritage features like picture rails and ceiling roses have been retained, while a trendy kitchen with exposed brickwork and a dishwasher adds a modern edge. The open plan layout connects kitchen, dining and lounge to a generous north-facing deck-ideal for relaxing or entertaining. Both bedrooms include built-in storage, and comfort is ensured with reverse cycle air conditioning. The remote-controlled double garage offers extra workshop or storage space, all on a low-maintenance 445 sqm block. Just 400m from Newstead Hotel, local shops and medical services and only four minutes to Launceston's CBD with schools and city conveniences close by.Key Features:• A circa 1920 two-bedroom home on a corner block• Loc
The size of Newstead is approximately 3.9 square kilometres. There are 8 parks, covering nearly 15.1% of the 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 2,762 properties. Over the last 5 years, Houses in Newstead have seen a 41.72% increase in median value, while Units have seen a 37.69% increase. As at 31 May 2026:
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