FOR SALE
$340,000 - $370,000

3/93 Elphin Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 83m2
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Newstead Gem: Stylishly Updated & Perfectly Positioned for Effortless Living

Introducing a charming two-bedroom apartment in the heart of Newstead! Freshly updated with new carpets, kitchen flooring, modern paint, and a sleek bathroom/combined laundry, this move-in-ready gem offers comfort and style. Plus, with a brand-new hot water cylinder and chic window furnishings, with privacy blinds, it's packed with thoughtful upgrades.
One of just four on the block, it's perfectly positioned within walking distance to top schools like Scotch Oakburn Junior School and Launceston Church Grammar. Enjoy a flat stroll into town, access to nearby medical services, and close proximity to the University of Tasmania and St Lukes Private Hospital. Leave the car at home and take advantage of the bus stop that is just steps away.
With its own carport and efficient heat pump, this low-maintenance, beautifully updated apartment is ideal for first-home buyers, savvy investors, or those looking to downsize in style. A rare find in a prime location-don't miss out!

Property Details for 3/93 Elphin Rd, Newstead

3/93 Elphin Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 83m2 and floor size of 68m2. The place is currently for sale with The Agency Tasmania.

Building Type
Unit
Floor Size
68m2
Land Size
83m2

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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 23 properties listed for sale, and 11 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Newstead.

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Karen Magnotta
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The Agency Tasmania
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