50 Cypress Street, Newstead, TAS 7250 | Property Value & History | OnTheHouse
 
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50 Cypress Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 626m2
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Last updated 18 May 2026
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Property Details for 50 Cypress St, Newstead

50 Cypress St, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 626m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2005.

Building Type
House
Year Built
1950
Floor Size
100m2
Land Size
626m2
Local Government
Launceston
Lot/Plan
8/55265

Last Listing description (January 2025)

Nestled within the heart of Newstead, 50 Cypress Street stands as a clever opportunity for investors and renovators alike. This inviting three-bedroom house, positioned on a corner block spanning 346 square metres, presents an idyllic blend of comfort, convenience, and untapped renovation potential.

As you enter, the charm of an open-plan living area greets you, complete with a traditional fireplace to warm those cool Tasmanian evenings. The spacious kitchen, equipped with a dishwasher, is designed to cater to all your culinary needs while allowing easy interaction with family and guests. Each of the three bedrooms offers a peaceful retreat with ample space to relax and rejuvenate.

The property boasts off-street parking, ensuring vehicle security and convenience. Additionally, the enclosed yard provides an outdoor area for children to play or for hosting family barbecues and gatherings amidst the serene Tasmanian backdrop.

Beyond its current comfort, 50 Cypress Street presents remarkable renovation potential. The solid foundation invites creative updates, extensions, or modern enhancements to suit your personal style or maximize future value. Whether its a contemporary refresh or a full-scale transformation, this property offers endless possibilities.

Location is key, and 50 Cypress Street excels with its proximity to the bustling Newstead shopping hub, Newstead College, the prestigious Scotch Oakburn College, and the reputable East Launceston Primary School all contributing to a lifestyle of ease and accessibility.

This home offers not just a residence but a haven for those starting their homeownership journey, renovators with a vision, or investors seeking a valuable addition to their portfolio. The property's potential is only enhanced by its setting in a sought-after suburb, promising growth and desirability. Dont miss the chance to own and transform this gem in Newstead.

Building size: 135m2 approx.
Land size: 346m2 approx.
Year built: 1950
Rental estimate: $440-$480 per week approx.

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 50 Cypress St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$170,000
19 Sep 2005
Listed for Rent
$260/w
15 Feb 2011
  • 03 Dec 2024
    Listed for Sale Offers Over $399,000
  • 03 Feb 2011
    Listed for Rent - Price not available
  • 07 Nov 2009
    Listed for Rent - Price not available
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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 42.86% increase in median value, while Units have seen a 48.29% increase. As at 30 April 2026:

  • The median value for Houses in Newstead is $777,288 while the median value for Units is $499,077.
  • Houses have a median rent of $570 while Units have a median rent of $450.
There are currently 12 properties listed for sale, and 1 property listed for rent in Newstead on OnTheHouse. According to Cotality's data, 153 properties were sold in the past 12 months in Newstead.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. 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.

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.

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