Median Sale Price
House
$680K
Updated on May 2022
2 BR $596K | 3 BR $659K | 4 BR $698K |
Unit
$426K
Updated on May 2022
1 BR $246K | 2 BR $426K | 3 BR $442K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $270,000 | 0.0% | $180,000 | $550,000 | 84 |
| 2010 | $335,000 | +19.4% | $165,000 | $931,380 | 88 |
| 2011 | $340,000 | +1.5% | $130,000 | $2,650,000 | 100 |
| 2012 | $318,400 | -6.8% | $186,500 | $1,450,000 | 99 |
| 2013 | $311,888 | -2.1% | $137,000 | $810,000 | 82 |
| 2014 | $353,000 | +11.6% | $171,250 | $930,000 | 84 |
| 2015 | $317,000 | -11.4% | $132,500 | $875,000 | 120 |
| 2016 | $350,000 | +9.4% | $135,000 | $810,000 | 112 |
| 2017 | $379,000 | +7.7% | $160,000 | $1,236,000 | 115 |
| 2018 | $392,000 | +3.3% | $209,000 | $1,450,000 | 124 |
| 2019 | $432,000 | +9.3% | $240,000 | $1,118,000 | 101 |
| 2020 | $445,000 | +2.9% | $230,000 | $915,000 | 107 |
| 2021 | $620,000 | +28.2% | $352,000 | $1,800,000 | 89 |
| 2022 | $705,000 | +12.1% | $420,000 | $2,000,000 | 37 |
Median Sale Price
$680K
Based on 81 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+29.4%
Current Median Price: $680,000
Previous Median Price: $480,000
Based on 186 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$490
Updated on May 2022
2 BR $420 | 3 BR $490 | 4 BR $580 |
Unit
$335
Updated on May 2022
1 BR $290 | 2 BR $318 | 3 BR $515 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | $280 | 0.0% | $170 | $575 | 3 |
| 2014 | $300 | +6.7% | $170 | $550 | 59 |
| 2015 | $310 | +3.2% | $160 | $550 | 99 |
| 2016 | $320 | +3.1% | $165 | $550 | 71 |
| 2017 | $345 | +7.2% | $160 | $600 | 74 |
| 2018 | $350 | +1.4% | $180 | $600 | 68 |
| 2019 | $370 | +5.4% | $190 | $690 | 75 |
| 2020 | $380 | +2.6% | $170 | $700 | 75 |
| 2021 | $475 | +20.0% | $220 | $795 | 79 |
| 2022 | $510 | +6.9% | $320 | $750 | 39 |
Median Rent Price
$500
per week
Based on 76 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+10.0%
Current Median Rent: $500
Previous Median Rent: $450
Based on 149 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $680,000
Current Median rent: $500
Based on 157 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
Schools closest to Newstead, TAS 7250
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Newstead Christian SchoolTop 20 | Newstead 7250 | Combined | Independent | 0.27 km |
| St Thomas More's Catholic School | 125 ABBOTT STNewstead 7250 | Primary | Catholic | 0.48 km |
| The Launceston Preparatory SchoolTop 5 | 117-119 ELPHIN RDLaunceston 7250 | Primary | Independent | 0.54 km |
| East Launceston Primary School | 18 MARY STREETEast Launceston 7250 | Primary | Government | 0.73 km |
| Punchbowl Primary School | 146 PUNCHBOWL ROADLAUNCESTON 7249 | Primary | Government | 1.23 km |
| John Calvin SchoolTop 10 | 53 HOWICK STLaunceston 7250 | Combined | Independent | 1.53 km |
| Queechy High School | 161 PENQUITE ROADNorwood 7250 | Secondary | Government | 1.68 km |
| Glen Dhu Primary School | 270 WELLINGTON STREETSouth Launceston 7249 | Primary | Government | 2.1 km |