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

8 Olive Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 130m2
Land area: 466m2
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Property Details for 8 Olive St, Newstead

8 Olive St, Newstead is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1907. The property has a land size of 466m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
House
Year Built
1907
Floor Size
130m2
Land Size
466m2
Local Government
Launceston
Lot/Plan
1/228102

Last Listing description (May 2018)

Feel the charm of this great family home situated in a great location.

The property consists of 3 bedrooms, a large open plan lounge / dining area and the kitchen has plenty of cupboard space.


Electric heating, carpets and polished floors throughout.

Good storage and a secure back yard.

Close to colleges, schools and shopping centre.

Available Now!

$260 - $280 per week

Debbie Heron : 0417 534287

Property History for 8 Olive St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,000,000
05 Jan 2024
Listed for Rent
$260/w
24 Feb 2009
  • 05 Jan 2024
    Sold for $1,000,000
  • 19 Feb 2009
    Sold for $255,000
  • 05 Feb 2009
    Listed for Sale OFFERS OVER $250,000
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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. There are 8 parks, covering nearly 15.1% of the 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 41.72% increase in median value, while Units have seen a 37.69% increase. As at 31 May 2026:

  • The median value for Houses in Newstead is $795,372 while the median value for Units is $494,024.
  • Houses have a median rent of $585 while Units have a median rent of $465.
There are currently 14 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 150 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.