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This property has been sold for $422,000 on 25 Aug 2026

12 days on market

Market context at sale

Suburb cycle phase
Boom
RBA cash rate
4.35%
Suburb median (August 2026)
$500,000(-16%)

8/3 Kenyon St, Newstead, TAS, 7250

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Asking Price

$390,000

2 Beds1 Baths0 Cars
Land: 79 m2
Floor: 67 m2
Built: 1956

Property overview

This 2-bedroom unit at 8/3 Kenyon St in Newstead, TAS 7250 sold for $422K in August 2026, with 1 bathroom. It offers 67 m2 of internal living space. The unit was built in 1956. The median unit price in Newstead is $500K. There are 36 schools within roughly 5km, and the area scores 92 for walkability and 9 for transit out of 100.

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $390,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Listed

Updated

Days on market

12

Investment Score

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Newstead at a glance

Unit market signals | TAS 7250

Full suburb profile

Median

$500K

Market signals

To CBD

161 km

Est. Valuation

$416,689

Potential Sell Price

Est. Rent/wk

$462

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 22% below suburb median
Suburb grew +15.3% last year
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Subdivision & Development Potential

GENERAL RESIDENTIALGeneral Residential

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

Total Cost to Purchase

Purchase Price
$390,000
Stamp Duty (Tasmania)
$13,573
Transfer/Registration Fee
$300
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$406,573

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
Low Density
Listed
Last Updated
Postcode
7250

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