OFF MARKET

156-162 Penquite Road
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 365m2
Land area: 1942m2
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Property Details for 156-162 Penquite Rd, Newstead

156-162 Penquite Rd, Newstead is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 1942m2 and floor size of 365m2.

Building Type
House
Year Built
2014
Floor Size
365m2
Land Size
1942m2
Local Government
Launceston
Lot/Plan
1/156114

Last Listing description (August 2024)

Positioned on nearly 2,000sqm of land, the well thought out landscaping and modern day features allow for low maintenance living in close proximity to the city without compromising on size.

Offering approximately 430sqm internally, this substantial family residence has been impeccably maintained and offers a versatile floorplan to suit a large demographic of buyers.

The upper level comprises of 3 bedrooms, all generous in size with great storage and the master bedroom features an ensuite. The open plan kitchen, living, dining and sunroom is North facing capturing ample natural sunlight and offers multiple sitting areas. The generous kitchen includes a substantial walk in pantry, high quality appliances and a feature curved island bench.

The lower level offers extra generous living areas, an extra bedroom, kitchenette and bathroom. The flexible floorplan allows you to use the whole house as one or separate the lower level to a self contained studio if required.

Set beyond secure gates, the home offers ample off street parking options, including an oversized garage, workshop and a 6m x 8.3m multipurpose area. A rarity to find in this area.

Designed with functionality in mind, the home offers ample storage options throughout including multiple substantial storage rooms. Ducted heating/cooling, double glazed windows throughout and 32 solar panels ensure for comfortable living all year round.

Externally the home continues to impress with a fully fenced yard, veggie garden, green house and a large entertainers deck with a pizza oven.

Ideally located in close proximity to the Newstead shopping precinct, leading private and public schools, multiple parklands and the Launceston CBD.

If you would like more information or to inspect this property please get in contact with us today.

**Bushby Creese has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

Property History for 156-162 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
  • 18 Aug 2023
    Listed for Sale $1M+ price guide

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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 2,756 properties. Over the last 5 years, Houses in Newstead have seen a 60.78% increase in median value, while Units have seen a 48.00% increase. As at 31 January 2025:

  • The median value for Houses in Newstead is $702,003 while the median value for Units is $411,485.
  • Houses have a median rent of $510 while Units have a median rent of $420.
There are currently 18 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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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.