48 David Street, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

48 David Street
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 98m2
Land area: 445m2
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Property Details for 48 David St, Newstead

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.

Building Type
House
Year Built
1920
Floor Size
98m2
Land Size
445m2
Local Government
Launceston
Lot/Plan
4/60216

Last Listing description (June 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

Property History for 48 David St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$555,000
23 Apr 2025
Listed for Rent
05 Jun 2014
  • 20 May 2025
    Listed for Rent $530 / week
  • 23 Apr 2025
    Sold for $555,000
  • 14 Apr 2025
    Listed for Sale Best Offer Over $539,000
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About Newstead 7250

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:

  • The median value for Houses in Newstead is $795,372 while the median value for Units is $494,024.
  • Houses have a median rent of $585 while Units have a median rent of $465.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 153 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.