5/115A Elphin Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
 
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5/115A Elphin Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 99m2
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Property Details for 5/115a Elphin Rd, Newstead

5/115a Elphin Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 99m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in May 2010.

Building Type
Unit
Year Built
1974
Floor Size
99m2
Land Size
99m2
Local Government
Launceston
Lot/Plan
5/140869

Last Listing description (May 2010)

NEWSTEAD 2 BEDROOM UNIT
WELL BUILT BRICK 2 BEDROOM UNIT WITH OPEN PLAN DINING/LOUNGE, SUNNY LITTLE KITCHEN, AND NICE BATHROOM/LAUNDRY. CARPORT PLUS STORAGE BEHIND. GREAT INVESTMENT PROPERTY, LEASED AT $180 A WEEK, OR LIVE IN IT YOURSELF WHEN THE LEASE EXPIRES.

Property History for 5/115a Elphin Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$177,000
18 May 2010
  • 18 May 2010
    Sold for $177,000
  • 18 Dec 2009
    Listed for Sale 185000
  • 17 May 2004
    Sold for $114,000
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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 3 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 144 properties were sold in the past 12 months in Newstead.

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