8 Pine Avenue, Newstead, TAS 7250 sold on 14 January 2025 | OnTheHouse
SOLD
Sold on 14 Jan 2025 for $450,000

8 Pine Avenue
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 546m2
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Property Details for 8 Pine Ave, Newstead

8 Pine Ave, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 546m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 3 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
106m2
Land Size
546m2
Local Government
Launceston
Lot/Plan
65/54558

Last Listing description (January 2025)

Step through the charming 8 Pine Avenue in the suburb of Newstead, and discover a warm and inviting three-bedroom home perfect for first-time buyers, retirees, and downsizers alike.
This delightful house, nestled on a generous plot of 566 square metres, boasts an enchanting garden where tranquillity and colour merge to create a splendid outdoor retreat. The updated kitchen, complete with modern amenities, promises to be the heart of the home, where new memories will simmer alongside delicious meals.
The residence is bathed in natural light, enhancing its welcoming ambiance, and the inclusion of a heat pump ensures comfort through Tasmania's varied seasons. The well-proportioned bedrooms are complemented by a neat bathroom, making this home a practical choice for buyers of all stages.

Entertainment is a breeze on the expansive deck, where you can host family and friends against the backdrop of your own private oasis, all fully fenced for added security and peace of mind.
With the convenience of a dedicated parking space, you're also positioned within an easy stroll to the vibrant Newstead shops and cafes. The local bus route is a mere stone's throw away, and the proximity to the city centre makes this location all the more desirable.
8 Pine Avenue is more than a house; its an opportunity for retirees, downsizers, or first-time buyers to plant roots in a sought-after area, offering the perfect blend of community warmth and city proximity. Don't miss the opportunity to make it your own.

Council rates: $292 p/q approx.
Building size: 106m2 approx.
Land size: 566m2 approx.
Year built: 1950
Rental estimate: $460-$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.

Property History for 8 Pine Ave, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$450,000
14 Jan 2025
  • 14 Jan 2025
    Sold for $450,000
  • 12 Nov 2024
    Listed for Sale Offers Over $499,000
  • 15 Jan 2015
    Sold for $195,000
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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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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.