Newstead
- There are around 5,610 residents living in Newstead
- Most residents are singles, with 27% aged 60+ years old
- Majority of homes are detached houses lived in by outright owners
Property price trends
These median prices may indicate the common property values in this area and how they have changed over the last 4 years. Source: CoreLogic
$796,780
House median sale price
13% Growth
L
ast 12 months
$508,417
Unit median sale price
12% Growth
L
ast 12 months
Median price trend
This could show if the area is improving, suggesting future growth, or declining which may offer short-term buying opportunities.
Showing the trend for house prices over the last 4 years. Source: CoreLogic
Market activity
A snapshot of how quickly properties are selling in the area and how many are currently available.
15 Days
House median days on market
14 Days
Unit median days on market
155 Properties
Sold in last 12 months
26 Properties
Available in the last month
Suburb snapshot
Last month Newstead had 26 properties on sale, with 155 properties being sold in the past 12 months. The median property sale price over the last 12 months for houses has been $796,780, which has increased by 13%. The median sale price for units has been around $508,417 and has increased by 12%. If you are looking to rent or are interested in purchasing an investment property, the median weekly rent for a house in Newstead is around $570 and has increased by 10% over the past 12 months. Meanwhile, the median weekly rent for a unit is around $460 and has increased by 8%.
There are around 5,610 residents living in Newstead. They are predominantly made up of singles, living in detached houses with the majority being outright owners. The most common occupations for locals are clerical and administrative workers, community and personal service workers, and labourers. Newstead also has a number of primary and secondary schools nearby, including Newstead Christian School (primary) and Newstead Christian School (secondary).
What's on the market
See what type, size and style of properties are on sale in the area.
Newstead residents
Key characteristics of the residents in the area, open the breakdown to see more detail for each category.
60+
Is the most common age range
Outright Owners
Most common occupant type
Singles
Most common household profile
Professionals
Most common occupation
Detached Houses
Most common property type
Occupant status
This may indicate the likelihood of long term residence as owners are less likely to move. The most common are outright owners.
2,345
Total properties
Outright Owners
(36%)
Mortgaged Owners
(28%)
Renters
(26%)
Other
(9%)
Community Housing
(1%)
Property types
This may indicate the likelihood of you finding your ideal property type in the area. The most common are detached houses.
2,602
Total properties
Detached Houses
(74%)
Townhouses
(13%)
Apartments
(12%)
Other
(1%)
Age ranges
This may indicate what stage of life these residents are at. The most common is 60+.
19-30
31-40
41-50
51-60
60+
Under 18
Household profiles
This may indicate likelihood of noise, activity or community events based on who lives here. The most common profile is singles.
Couples
Families
Lone Parents
Other
Singles
Individual yearly income
This may indicate the affluence of individuals in the area. The average income band is $0k - $34k per year.
4,064
individuals
$0k - $34k
(38%)
$35k - $78k
(35%)
$79k - $103k
(12%)
$104k - $182k
(11%)
$182k+
(4%)
Occupations
The top 5 occupations in Newstead.
1
2
3
4
5
Nearby education
Schooling and educational options in the area, for all ages.
Newstead Christian School
K - Yr 12
Independent
OneSchool Global - Launceston Campus
K - Yr 12
Punchbowl Primary School
K - Yr 6
Government
Scotch Oakburn College
K - Yr 12
Independent
Scotch Oakburn College - Elphin Campus
K - Yr 6
St Thomas More's Catholic School
K - Yr 6
Catholic
The Launceston Preparatory School
K - Yr 6
Independent
Get a wider view
Widen your research to learn about the council or state that Newstead belongs to.
Launceston
View the council data
Tasmania
Get a view of the whole state
Explore surrounding suburbs
Learn about neighbouring suburbs to see if they are better suited to your budget or lifestyle.
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Median Unit: $547,080
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Median Unit: $547,467
Helpful links
Explore properties for sale in Newstead, helpful guides and tools to help you plan your next move.