FOR RENT
Contact Agent for Rental Price

175b Elphin Road
Newstead TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 48m2
Land area: 48m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Flexible suburban tenancy

Situated on Elphin Road at the end of David Street this 48m2 premises benefits from high traffic flow and visibility to and from Launceston’s south and eastern suburbs as well as organic foot traffic from surrounding businesses including Newstead Medical Centre, the pharmacy, licensed post office and Coles supermarket.
This street level, high exposure tenancy suits a wide range of uses from office and consultancy, through to heath or continued retail applications. At 48m2 the tenancy is a manageable size for a small business and comes with the benefit of single parking space at the rear.
If you are in need of a small tenancy outside of the CBD this space is well worth a look.
- Ideally situated within Newstead shopping precinct
- Suitable for a wide range of uses
- Ideal for single operator
- High exposure street frontage
- Zoning 'Local Business' 20.0
- Laundry area & toilet
- Reverse cycle air conditioning
See More

Property Details for 175b Elphin Rd, Newstead

Building Type
Commercial
Floor Size
48m2
Land Size
48m2

Commute Calculator

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 2011 was 4,968 people. By 2016 the population was 5,366 showing a population growth of 8.0% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newstead work in a professional occupation. In 2011, 66.2% of the homes in Newstead were owner-occupied compared with 64.4% in 2016.

Newstead has 2,754 properties. Over the last 5 years, Houses in Newstead have seen a 64.82% increase in median value, while Units have seen a 57.75% increase. As at 31 August 2024:

  • The median value for Houses in Newstead is $707,132 while the median value for Units is $387,298.
  • Houses have a median rent of $520 while Units have a median rent of $390.
There are currently 21 properties listed for sale, and 12 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Newstead.

Newstead Profile Page

Suburb Insights for Newstead 7250

Visit Newstead profile page
Market Insights
Newstead Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Newstead Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Newstead profile page
Contact agent
Ben Galvin
Show contact details
Call agent
Zac Semmens
Show contact details
Call agent
Howell Property Group
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED