Launceston · 7250
Newstead, TAS
tight 1.8% vacancy, 5.4%/yr capital growth.
NextSuburb scoreTier C
42Below trend
Median house
$745k
5y growth
5.4%/yr
Gross yield
2.2%
Vacancy
1.8%
Stable entry · room to scaleMedium confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)5.4%/yr54/100
- Population growth+3.1% (5y)31/100
- Supply tightening-2.0% YoY60/100
- Rental yield2.2%43/100
- Rental demand1.8% vacancy55/100
- Income growth+13.0% (5y)52/100
- Construction pipeline$0.0bn nearby0/100
- Affordability50% under cap50/100
Why this score
Newstead scores 42/100 (Below trend). The two strongest signals: 1.8% vacancy rate and 5.4%/yr capital growth over five years. The standout watch-out: gross yield of 2.2% leaves modest cashflow.
Drivers
- Supply tightening-2.0% YoY
Risks
- Thin gross yield (2.2%)
Nearest infrastructure
UTAS Launceston Inveresk Campus2.0 km away
Recently completed · $0.3bn · completion 2024
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three TAS suburbs in the same budget band with the closest NextSuburb scores.
See the full TAS ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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