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78 Junction Street, Newstead$295,000
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78 Junction Street

Newstead, TAS 7250, Australia
$295,000
1346 m²

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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. ** Peter Lees Real Estate complies with all applicable requirements under the AML/CTF legislation. ***Boundary lines are indicative only.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1346 m²
Listed
2 months ago

Repayment calculator

$1,430/month
$715 /fortnight
Loan $236,000 at 6.10% over 30 years

Upfront costs

Deposit$59,000
Stamp duty$9,735
Conveyancing (est.)$2,000
Total upfront$70,735
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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 50% below the $595,000 median of 65 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 Store656 m away
  • Talbot Road Lookout230 m away
  • Newstead Reserve326 m away
  • Lawrence Vale Landslip Park452 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

$713kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Newstead market

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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