57A Cypress Street, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

57A Cypress Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 8
Floor area: 146m2
Land area: 999m2
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Property Details for 57a Cypress St, Newstead

57a Cypress St, Newstead is a 3 bedroom, 1 bathroom House with 8 parking spaces and was built in 1900. The property has a land size of 999m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
House
Year Built
1900
Floor Size
146m2
Land Size
999m2
Local Government
Launceston
Lot/Plan
1/42422

Last Listing description (December 2017)

Bidding expected to start at $349,000
It's not often we find an almost 1000sqm flat block this close to the CBD, this property currently houses a beautiful 1900's character home as well as garaging for up to 8 vehicles and as it is, you know it is a rare find.
57a Cypress Street, Newstead is within walking distance to the CBD and is located close to all conveniences including schools, supermarkets, shopping, doctors and public transport.

This property is prime for development (STCA) with the ability to knock down and build up to 3 standout townhouses which will potentially bring back a pretty penny in rental income or excellent potential sales price considering the walking proximity to all of Launceston's conveniences. It is also an ideal property to run a business from whether that being a trades business, a doctors surgery, child care, animal care clinic or just about anything as there is also a ton of external parking space.
In saying that however the current arrangement of the property offers a home with all the charm and romance that a character property of this era should have with high ceilings, lead light windows, a very welcoming feel as you walk through the door and the home is kept warm all winter and cool all summer through the use of a reverse cycle system. The bedrooms are spacious with the main offering built-ins and this large home also features a beautiful Blackwood kitchen, large pantry, and bathroom with spa.
To the rear of the home on offer is a space that every entertainer will love and nice big undercover deck. This is a space which will be utilised all summer long as you enjoy the company of friends and family and cooking over the BBQ. From this area you have quick entry to that massive 8x16 metre garage space. The garage is every man's dream, it has a concrete floor and it can fit up to 8 vehicles, therefore ensuring it has a myriad of uses. The garage is certainly impressive.
All in all this home offers something for everyone, Call Veronica today for more information or to arrange your viewing.

Property History for 57a Cypress St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$375,000
18 Nov 2017
Listed for Rent
$310/w
17 Mar 2015
  • 18 Nov 2017
    Sold for $375,000
  • 29 Sep 2017
    Listed for Sale Auction
  • 03 Mar 2015
    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 2,761 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 14 properties listed for sale, and 1 property listed for rent in Newstead on OnTheHouse. According to Cotality's data, 152 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.