6 Junction StreetNewstead TAS 7250
Property Details for Lot Lots/6 Junction St, Newstead
Last Listing description (June 2018)
A chance of a lifetime
On offer is a prime 7197m parcel of land on 3 titles (selling as 1 allotment), positioned with spectacular city and mountain views with street frontage from both Junction Street, Newstead and Talbot Road, South Launceston. It has enormous development potential (STCA) and is zoned General Residential.
It offers a rare opportunity for a savvy developer to secure a unique allotment of small acreage in one of the fastest moving areas in Launceston. This north easterly facing block is located close to quality private and public schools and all city conveniences. It will not last long, so contact Jeremy Wilkinson for further information.
Rates: $1,397
Council Zoning: 10.0 General Residential
3 separate titles
* all measurements are approximate
Property History for Lot Lots/6 Junction St, Newstead, TAS 7250
- 31 Dec 2017Listed for Sale $450,000
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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 57.46% increase in median value, while Units have seen a 47.28% increase. As at 31 January 2026:
- The median value for Houses in Newstead is $767,159 while the median value for Units is $437,266.
- Houses have a median rent of $550 while Units have a median rent of $450.
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