Median Sale Price
House
$430K
Updated on Jan 2020
2 BR $376K | 3 BR $405K | 4 BR $555K |
Unit
$303K
Updated on Jan 2020
1 BR - | 2 BR $276K | 3 BR $515K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $270,000 | 0.0% | $180,000 | $550,000 | 83 |
| 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 | $350,000 | +10.9% | $171,250 | $930,000 | 83 |
| 2015 | $314,000 | -11.5% | $132,500 | $875,000 | 115 |
| 2016 | $350,000 | +10.3% | $135,000 | $810,000 | 105 |
| 2017 | $375,000 | +6.7% | $160,000 | $1,236,000 | 104 |
| 2018 | $392,000 | +4.3% | $209,000 | $1,450,000 | 112 |
| 2019 | $430,000 | +8.8% | $240,000 | $1,118,000 | 96 |
| 2020 | $515,000 | +16.5% | $265,000 | $800,000 | 15 |
Median Sale Price
$433K
Based on 94 recorded sales within the last 12 months
Updated on 29 Feb 2020
Suburb Growth
+6.0%
Current Median Price: $432,500
Previous Median Price: $406,500
Based on 200 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$350
Updated on Jan 2020
2 BR $275 | 3 BR $363 | 4 BR $450 |
Unit
$200
Updated on Jan 2020
1 BR $93 | 2 BR $248 | 3 BR $385 |
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 | $340 | +5.9% | $160 | $600 | 74 |
| 2018 | $350 | +2.9% | $180 | $580 | 68 |
| 2019 | $370 | +5.4% | $190 | $690 | 75 |
| 2020 | $400 | +7.5% | $315 | $700 | 9 |
Median Rent Price
$380
per week
Based on 64 recorded rent within the last 12 months
Updated on 29 Feb 2020
Rent Price Growth
+7.9%
Current Median Rent: $380
Previous Median Rent: $350
Based on 142 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.6%
Current Median Price: $432,500
Current Median rent: $380
Based on 158 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Newstead
Houses sold in Last 12 months ends 22 Feb 2020
$450K
Median Sale Price
100%
Clearance Rate
25/25
Sold/Reported
$940K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M | 2 | |
| $600 K - $800 K | 2 | |
| $400 K - $600 K (Median Price Range) | 7 | |
| less than $400 K | 5 | |
Similar Suburbs to Newstead 7250
Based on median house sale price sold in last 12 months
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 |