Median Sale Price
House
$480K
Updated on Apr 2021
2 BR $385K | 3 BR $443K | 4 BR $628K |
Unit
$348K
Updated on Apr 2021
1 BR - | 2 BR $292K | 3 BR $548K |
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 | $353,000 | +11.6% | $171,250 | $930,000 | 83 |
| 2015 | $314,000 | -12.4% | $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 | $452,500 | +5.0% | $230,000 | $915,000 | 97 |
| 2021 | $480,000 | +5.7% | $352,000 | $1,150,000 | 37 |
Median Sale Price
$475K
Based on 91 recorded sales within the last 12 months
Updated on 21 Jun 2021
Suburb Growth
+5.3%
Current Median Price: $475,000
Previous Median Price: $450,000
Based on 190 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$425
Updated on May 2021
2 BR $330 | 3 BR $425 | 4 BR $493 |
Unit
$318
Updated on May 2021
1 BR $220 | 2 BR $313 | 3 BR $420 |
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 | $600 | 68 |
| 2019 | $370 | +5.4% | $190 | $690 | 75 |
| 2020 | $380 | +2.6% | $170 | $700 | 74 |
| 2021 | $470 | +19.1% | $220 | $660 | 33 |
Median Rent Price
$440
per week
Based on 66 recorded rent within the last 12 months
Updated on 21 Jun 2021
Rent Price Growth
+13.6%
Current Median Rent: $440
Previous Median Rent: $380
Based on 141 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.8%
Current Median Price: $475,000
Current Median rent: $440
Based on 157 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)
Auction Results For Newstead
Houses sold in Last 12 months ends 19 Jun 2021
$400K
Median Sale Price
100%
Clearance Rate
1/1
Sold/Reported
$400K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K (Median Price Range) | 1 | |
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 |