OFF MARKET

10 Newstead Crescent
Newstead TAS 7250

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 493m2
Land area: 4742m2
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Property Details for 10 Newstead Cres, Newstead

10 Newstead Cres, Newstead is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1856. The property has a land size of 4742m2 and floor size of 493m2. While the property is not currently for sale or for rent, it was last sold in January 2012.

Building Type
House
Year Built
1856
Floor Size
493m2
Land Size
4742m2
Local Government
Launceston
Lot/Plan
1/115831

Last Listing description (May 2024)

Newstead House comprises one of the State's iconic residential properties. Nationally recognized for its Victorian Regency architecture and the grounds which incorporate magnificent corks trees dating back to Ronald Gunns horticultural passion. Newstead house is both admired by those who pass by its streetscape and adored by is residences.

Location:
The suburb of Newstead is named after the homestead. The property is situated in a dress circle location within one of the City's premier suburbs. The setting is easily accessible to private schooling, Newstead shopping and services hub and easily accessible from the CBD.

Land:
The site is a premier land holding of Newstead and Launceston, comprising some 4,692 square metres of urban land, which is of favourable elevation, but also gently sloping. The site provides a combination of commanding grounds visible from the extensive frontage, but equally provides an appealing private courtyard garden area to the rear of the homestead.

Building:
Newstead House was built for Ronald Campbell Gunn Circa 1856. Mr Gunn was one of Launceston's leading horticulturalists who documented native flora and sent information to England in return for English plants. The Home comprises a Victorian Regency architecture, set on significant grounds of over an Acre which boasts rare Spanish Cork Oaks and Deodar Cedar.
There is a main two storey section (plus cellar) is flanked by a single storey wing on either side. The home is elegantly renovated with accommodation provided on a 5-6 bedroom basis (subject to room configuration) with 3 bathrooms and multiple living areas. The kitchen living area is denoted for its Coles Bay granite benches, jarrah flooring and quality appliances. Polished Baltic period flooring throughout exemplifies the refinement of the period. Heating and cooling is delivered via ducted air conditioning. Overall, the home has a primary living area of some 520 square metres or thereabouts (56 Imperial squares) plus cellar, verandahs, garages and other ancillary buildings.

Property History for 10 Newstead Cres, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,450,000
16 Jan 2012
  • 17 Apr 2024
    Listed for Sale By Offer
  • 29 Sep 2023
    Listed for Sale By Offer
  • 16 Jan 2012
    Sold for $1,450,000
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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 2,756 properties. Over the last 5 years, Houses in Newstead have seen a 60.78% increase in median value, while Units have seen a 48.00% increase. As at 31 January 2025:

  • The median value for Houses in Newstead is $702,003 while the median value for Units is $411,485.
  • Houses have a median rent of $510 while Units have a median rent of $420.
There are currently 17 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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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.