OFF MARKET

19 Penquite Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 166m2
Land area: 536m2
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Last updated 11 Nov 2024
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Property Details for 19 Penquite Rd, Newstead

19 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 536m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
House
Year Built
1930
Floor Size
166m2
Land Size
536m2
Local Government
Launceston
Lot/Plan
35/36929

Last Listing description (October 2015)

Built in 1930, this terrific property has retained the beautiful original federation features throughout and oozes potential. Situated within walking distance to the Newstead shopping precinct and Scotch Oakburn College, this property would not only suit an investor, but those wanting to run a business from home ie. Massage, Beauty
Therapy, or even Consulting Rooms (STCA). Offering 3 generous bedrooms, main bathroom with separate toilet, store room/study, formal lounge and dining rooms. . The kitchen and bathroom are in need of an update, but what a great opportunity to add your creative flair!The yard is fully fenced with a carport and low maintenance gardens.

Property History for 19 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$253,000
12 Apr 2015
Listed for Rent
$260/w
19 Dec 2008
  • 12 Apr 2015
    Sold for $253,000
  • 03 Mar 2015
    Listed for Sale $265,000
  • 19 Dec 2008
    Sold for $245,000
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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 24 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Newstead.

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