Back 19 Olive Street
Off Market

19 Olive Street

Newstead TAS 7250

5
2
2
601 m²
House
Last sold for $1,251,000
Ananda CairnsAnanda Cairns, last sold this property on 28 September 2025 after 5 days on market.

Overview

A Rare Newstead Offering

This single-owner residence offers the perfect balance of space, quality, and convenience. Designed with high-end fittings and timeless finishes throughout, the home adapts effortlessly to a wide range of lifestyles - from retirees seeking ease of living through to growing families wanting flexibility. Step inside and enjoy the sense of light and openness, enhanced by 2700mm ceilings, double-glazing, and a neutral palette that will stand the test of time. Multiple living zones and versatile room configurations allow you to tailor the home to your needs, whether that’s a home office, extra bedroom, or a dedicated hobby space. The kitchen is sleek and functional with premium appliances, ample storage and a contemporary design, while the generous bathrooms provide both style and function - including a luxurious main bathroom with twin vanities, full bathtub, and a separate large powder room with a third toilet. Outdoors, the appeal continues with super low-maintenance landscaping. Artificial turf installed in 2022, established garden beds with river rock, and secure fencing create a private, easy-care environment - perfect for lock-and-leave living. The home is further enhanced by ducted Actron Air heating and cooling with ceiling vents to every room, a double garage with additional off-street parking, and its prized corner block position. Perfectly placed in the heart of Newstead, this property offers convenience at every turn. Families will love the proximity to some of Launceston’s best schools including Launceston Preparatory, Scotch Oakburn, East Launceston Primary, Punchbowl Primary, LCGS Junior School and Newstead College. Shopping centres, medical facilities and the CBD are all close at hand, while nearby parks, sports fields and courts provide endless recreational opportunities. This home is the ultimate Newstead unicorn - a rare blend of space, quality and low-maintenance living in one of Launceston’s most sought-after locations Council rates: $833 p/q approx. Water rates: $325 p/q approx. Building size: 270m2 approx. Land size: 601m2 approx. Year built: 2013 Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
601 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Newstead over the last 12 months, the estimated median property value of 19 Olive Street is $1.82m.

Median value
$1.82m
Estimated value range
$675k - $3.2m
Median days on market
29
Estimated value trend
96%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newstead. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 19 Olive Street

2025
Sold
$1,251,000
28 Sep 2025 by Ananda Cairns, of Key2 Property

Happy sellers in Newstead

88%
88% of sellers in Newstead reported that their sale price either exceeded or met their price expectations.

Newstead stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 40 reviews in Newstead over the last 12 months.

Local market activity for 5 bedroom houses in Newstead

In the last 12 months, 8 five-bedroom houses similar to 19 Olive Street, have been sold.

This represents a 50% decrease in five-bedroom houses sales when compared to the previous 12 months.

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