Average rent in Newstead, TAS — 2026
Newstead sits in the Launceston local government area, 161km from the Hobart CBD, with a population of around 5,449 at the most recent ABS Census (2021). The typical renter pays $310/week — above the Tasmania state median of $293/week. 27% of households rent, and the rest own outright or are paying off a mortgage.
$310/wk
ABS 2021 Census median
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Suburb at a glance
- Population
- 5,449
- Median age
- 43
- Distance to Hobart
- 161 km
- Households renting
- 27%
- Separate houses
- 76%
- Flats / apartments
- 10%
- Born overseas
- 16%
- Top occupation
- Professionals
- LGA
- Launceston
ABS 2021
Renting in Newstead
Newstead runs roughly with the Tasmania state median — renters typically pay $310/week, close to the $293/week state baseline (ABS Census 2021). Most households here own (66% are owners or paying off a mortgage) and only 27% rent. Separate houses dominate the housing stock (76%), which gives the suburb a quieter, family-leaning feel — borne out by a median age of 43 and a population around 5,449. The most common occupation is Professionals, and 16% of residents were born overseas. Newstead is 161km from Hobart, and rent trajectories here tend to track the state average rather than running ahead of it — but state rent indices have moved since 2021, so double-check against the live figure above.
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