Back 6/115a Elphin Road
Off Market

6/115a Elphin Road

Newstead TAS 7250

2
1
1
62 m²
Unit
Last sold for $390,000
Jessie BatesJessie Bates, last sold this property on 26 January 2026 after 110 days on market.

Overview

Ideal Investment or First Home – Walk to Launceston CBD!

Investors and first-home buyers, this is your chance to secure a neat, two-bedroom unit currently tenanted at $400 per week until August 2026. Located on Elphin Road, Newstead, this property offers a consistently popular location for both residents and investors. Positioned close to the Launceston CBD, Scotch Oakburn College (Junior and Senior campuses), Launceston Church Grammar Junior Campus, East Launceston Primary School, and the Newstead shopping precinct, it's perfectly suited for families, professionals, or students. If you work in town, you can even walk to work. The unit features two bedrooms, both with built-in wardrobes, a sunlit open-plan living area, and a functional kitchen. The bathroom/laundry area is practical, and comfort is ensured year-round with a reverse-cycle air conditioner. Off street parking is provided with a single undercover carport, along with a lockable storage area ideal for extra belongings. Public transport is also nearby, making this a highly convenient location. With strong rental history, this property is an excellent addition to any investment portfolio or a perfect starting point for first-home buyers. The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
62 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Newstead over the last 12 months, the estimated median property value of 6/115a Elphin Road is $395k.

Median value
$395k
Estimated value range
$270k - $720k
Median days on market
22
Estimated value trend
14%
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 6/115a Elphin Road

2026
Sold
$390,000
26 Jan 2026 by Jessie Bates, of Harrison Agents Launceston
2024
Rented
Undisclosed
Leased on 20 Oct 2024 by Harrison Agents Launceston
2023
Rented
Undisclosed
Leased on 30 Jul 2023 by Harrison Agents Launceston

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 2 bedroom units in Newstead

In the last 12 months, 12 two-bedroom units similar to 6/115a Elphin Road, have been sold.

This represents a 20% increase in two-bedroom units sales when compared to the previous 12 months.

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