OFF MARKET

2/100 Penquite Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 86m2
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Property Details for 2/100 Penquite Rd, Newstead

2/100 Penquite Rd, Newstead is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1974. The property has a floor size of 86m2.

Building Type
Unit
Year Built
1974
Floor Size
86m2
Local Government
Launceston

Last Listing description (October 2018)

Stylish split level two bedroom, two bathroom apartment with an emphasis on modern living.
- Quality applicances inlcuding: gas cooktop, dishwasher and two-door stainless fridge/freezer
- Open plan kitchen/dining/lounge with reverse cycle heatpump

- Sunny deck off dining area
- Main bedroom with walk through robe to bathroom
- Bathroom has good storage as well as separate shower and bath
- Under bench Bosch separate washer and dryer
- Bedroom 2 downstairs with large built in robe and ensuite
- Single garage with power.
- The yards are maintained for you
Within walking distance to locals schools and cafes, this property is suitable for couples, singles or a small family.
This property is not suitable for pets.
Break lease take over until 17/01/2019 or 12 month lease accepted.

Property History for 2/100 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$330/w
19 Oct 2018
  • 19 Sep 2018
    Listed for Rent $330 / week
  • 17 Dec 2016
    Listed for Rent $320 / week
  • 08 Apr 2016
    Listed for Rent $320 / week
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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, 104 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.