78 Junction Street
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About this property
Positioned in a quiet and established pocket of Newstead, this expansive parcel at 78 Junction Street offers a rare opportunity to secure premium vacant land in one of Launceston's most desirable residential areas. Set within a low-density residential zone, the generous block provides the ideal canvas to design and build a spacious dream home (STCA), with plenty of room for landscaped gardens, outdoor entertaining, and family living. Enjoying an elevated aspect, the property captures beautiful views toward Ben Lomond, creating a stunning natural backdrop and a sense of space and tranquillity that is increasingly hard to find. Conveniently located just minutes from Launceston CBD, this address offers easy access to quality schools, shopping precincts, parks, and everyday amenities, delivering the perfect balance between peaceful living and urban convenience. Key Features: 1,346m² (approx.) of vacant land Low-density residential zoning Elevated position with mountain views Quiet, well-established street Close to schools, shops, and services Short drive to Launceston CBD Ideal for building your dream home (STCA) Opportunities like this are increasingly rare, secure your place in a sought-after suburb and create a home that truly reflects your lifestyle. *Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries. Boundary lines are indicative only.
Property Details
- Property Type
- land
- Listing Type
- Off-market
- Land Area
- 1346 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Newstead
This land in Newstead, TAS 7250 sits within reach of public transport, local shops and nearby schools. It is listed 47% below the $595,000 median of 66 comparable landswithin 5 km.
Schools near Newstead
- Newstead Christian Schoolcombined · Prep-10 · CoEd
- Scotch Oakburn Collegecombined · Prep-12 · CoEd
- Punchbowl Primary Schoolprimary · K-6 · CoEd
- St Thomas More's Catholic Schoolprimary · Prep-6 · CoEd
- Newstead Collegesecondary · 11-12 · CoEd
What's nearby
- Abbott St/Amy Rd In (bus) — 421 m away
- Wentworth Store — 656 m away
- Talbot Road Lookout — 230 m away
- Newstead Reserve — 326 m away
- Lawrence Vale Landslip Park — 452 m away
Newstead at a glance
Full suburb profile- Population
- 5,617
- Median age
- 43
- Household income
- $1,470/wk
- Median rent
- $310/wk
- Median mortgage
- $1,417/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Newstead price trend
Median sold · House 3 bed
Compound growth +1.7% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Newstead marketSide-by-side analysis
Compare with similar properties
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