73 Olive Street, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

73 Olive Street
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
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Last updated 22 Dec 2025
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Property Details for 73 Olive St, Newstead

73 Olive St, Newstead is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1948. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
House
Year Built
1948
Local Government
Launceston
Lot/Plan
23/54558

Last Listing description (November 2025)

Stylish Four-Bedroom Family Home in Newstead

Situated in the leafy and highly sought after suburb of Newstead, this beautifully renovated family home blends timeless character with modern comfort. Featuring four generous bedrooms and two stylish bathrooms, it is perfectly designed for families or those who love to entertain.Showcasing stunning Tasmanian oak floorboards throughout, the home's expansive open plan kitchen, dining and living area is a true centrepiece. The kitchen impresses with custom cabinetry, stone benchtops, quality appliances, a farmhouse sink and a cleverly integrated European laundry. Sunlight floods the space, while sliding doors open to a north facing deck, an ideal setting for entertaining or relaxing outdoors.Each bedroom is well appointed, with the master suite offering a walk in robe and elegant ensuite. The remaining bedrooms include built in robes and share a beautifully finished main bathroom, ensuring comfort and practicality for the whole family.Year round comfort is assured with two reverse cycle air conditioners, while the fully fenced yard offers both privacy and space for children or pets to enjoy. The fully lined, generous double garage (7.5m x 7m) features 3 metre high ceilings, additional workshop space, and is complemented by a single carport, providing excellent parking and storage options.Perfectly positioned within minutes of the Newstead Shopping Centre, quality schools and the North Esk River walking trails, and only a short drive to the Launceston CBD, this home delivers a lifestyle of comfort, convenience and quality in one of Launceston's most desirable suburbs.The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.

Property History for 73 Olive St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$565,000
30 Jan 2024
  • 12 Nov 2025
    Listed for Sale Offers Over $835,000
  • 26 Feb 2024
    Sold for $565,000
  • 23 Jan 2024
    Listed for Sale Offers Over $549,000
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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, 146 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.