OFF MARKET

131 Penquite Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 828m2
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Property Details for 131 Penquite Rd, Newstead

131 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 828m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
House
Year Built
1950
Floor Size
123m2
Land Size
828m2
Local Government
Launceston
Lot/Plan
7/16423

Last Listing description (September 2017)

131 Penquite Road is a three-bedroom 60's style brick home, that has been kept in all its original, retro, glory, a renovators delight, ideal investment or fantastic first home opportunity!
Set on a large fully fenced immaculate block, this home is only 5 minutes from the city and within walking distance to shops, multiple schools and parks.
The living area is spacious and bright, surrounded by large windows, with a central wood fire and a deck overlooking the back yard.

The spacious timber kitchen is separate from the lounge, with the possibility of being opened up to create a large open plan kitchen and living area if you wish! The kitchen then leads through to the laundry or external access to outside.
Two of the three generously sized bedrooms offer built in wardrobes and the bathroom is positioned just off the hallway with a separate shower and bath.
The whole house is fitted with large windows, ensuring maximum sunlight and warmth year-round.
Under the house is a spacious open garage, with the perfect workshop/man cave offside, offering plenty of storage and bench space. There is also a further carport and plenty of secure off-street parking!
The backyard is level and sectioned off from the front of the house, making it a wonderful area for children and pets.
If you re looking to renovate, invest or just an opportunity to enter the property market then be sure to contact Parry Property today before your miss out!
Local Council: Launceston City Council
Year Built: 1960
We have in preparing this listing used our best endeavors to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.

Property History for 131 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$279,000
27 Jul 2017
  • 27 Jul 2017
    Sold for $279,000
  • 17 Jul 2017
    Listed for Sale $280,000
  • 20 Nov 1989
    Sold for $76,400
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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 2,733 properties. Over the last 5 years, Houses in Newstead have seen a 64.04% increase in median value, while Units have seen a 53.71% increase. As at 31 October 2024:

  • The median value for Houses in Newstead is $715,353 while the median value for Units is $397,028.
  • Houses have a median rent of $520 while Units have a median rent of $390.
There are currently 23 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Newstead.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.