FOR SALE
Offers Over $695,000

83 Penquite Road
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 220m2
Land area: 799m2
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Beautiful Newstead home with self contained unit

Located in the heart of Newstead, set on a near level 800m2 block is this superbly renovated home.
All only a short walk to schools, cafes and parks and a 5 minute drive to the City.
The home is beautifully presented featuring polished floorboards, three living areas and modern kitchen.
There is one bedroom downstairs and two upstairs along with a small study area.
The home has European double glazed windows with tilt system for added security.tinted, custom fitted blinds and screens offering noise protection and added insulation.
At the rear is a deck ideal for bbqs and entertaining all overlooking the magnificent gardens leading to a private sitting area or a quiet place to read a book.
The separate unit comprises kitchen, bathroom, single bedroom, study room and living area.
It could be utilised as a teenagers space or even as another income.
If you are looking for a quality home in Newstead you must inspect to appreciate.
"Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Please note, photos are indicative of the property only."

Property Details for 83 Penquite Rd, Newstead

83 Penquite Rd, Newstead is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 799m2 and floor size of 220m2. The place is currently for sale with Roberts Real Estate Launceston.

Building Type
House
Floor Size
220m2
Land Size
799m2

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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. It has 8 parks covering nearly 15.1% of total area. The population of Newstead in 2011 was 4,968 people. By 2016 the population was 5,366 showing a population growth of 8.0% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newstead work in a professional occupation. In 2011, 66.2% of the homes in Newstead were owner-occupied compared with 64.4% in 2016.

Newstead has 2,754 properties. Over the last 5 years, Houses in Newstead have seen a 70.50% increase in median value, while Units have seen a 54.46% increase. As at 30 November 2024:

  • The median value for Houses in Newstead is $723,220 while the median value for Units is $406,960.
  • Houses have a median rent of $520 while Units have a median rent of $395.
There are currently 19 properties listed for sale, and 7 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Newstead.

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