7/115A Elphin RoadNewstead TAS 7250
Property Details for 7/115a Elphin Rd, Newstead
7/115a Elphin Rd, Newstead is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 130m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (February 2021)
Situated along Elphin Road this unit is close to the Launceston CBD and within walking distance to many conveniences such as cafes, shops, schools and supermarket as well as public transport and personal health care facilities.
The property does not lack space with the kitchen and living space offering plenty of room. All three bedrooms are equipped with built in robes with the master bedroom a great size. The unit has plenty of potential for some renovation works or could be moved into as is.
Directly below the unit you will find an undercover carport, for secure off street parking. There is also a small storage room hidden away for each of the units for those extra storage needs.
Rental estimate: $335 per week
Property History for 7/115a Elphin Rd, Newstead, TAS 7250
- 29 Jan 2021Sold for $310,000
- 18 Jan 2021Listed for Sale Offers Over $299,000
- 11 Aug 2016Listed for Rent $275 / week
Recent sales nearby
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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.
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