OFF MARKET

25 Penquite Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 822m2
Land area: 822m2
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Property Details for 25 Penquite Rd, Newstead

25 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1935. The property has a land size of 822m2 and floor size of 822m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
House
Year Built
1935
Floor Size
822m2
Land Size
822m2
Local Government
Launceston
Lot/Plan
3/121518

Last Listing description (July 2015)

Built in 1937, Bowen Lodge is a magnificent period residence crafted by the esteemed Fred Bowen. This family home provides a classic example of Art Deco architecture, hidden from view by the established hedges. Bowen Lodge has been tastefully restored to reflect the grace that art deco era has to offer.
Being just 300 metres from Elphin Road, this prestige area of Launceston offers as an ideal location. Consider just a few minutes to Scotch College and 8 minutes to the city and minutes to Newstead's shopping precinct.
This home will suit the entertainer with multiple indoor and outdoor entertaining areas.

The alfresco entertaining area adjoins the new kitchen which features a 900 Ilve gas cooker, 610 Westinghouse two door frige and dishwasher.
Visitors follow a rose and lavender-lined front path through manicured gardens to the recently refurbished entry porch. The garden itself is low maintenance with established easy care shrubs and trees, plus under ground irrigation system to keep the garden looking great.
The formal lounge and dining room are inviting with highly polished floor boards, the 9kw heat pump offers year round comfort. Adjoining the lounge room is the sunroom or fourth bedroom. Another great feature for the student is the separate study with quality cabinetry to suit.
The home has NBN and is Foxtel ready. Natural gas lines pass the door.
The ground floor has a stunning entrance foyer that adjoins the second bedroom with built in robes and floor mounted Mitsubishi heat pump.
The renovated bathroom is huge in today's terms with a spa with toilet and double bowl vanity. There is a second toilet adjoining the garage space.
The garage space can accommodate four cars or could also be used as a home gym or rumpus room or hobbies area. Plus there is under cover parking for one car that can be accessed through the second roller door at the rear of the garage.
This completes the downstairs floor plan.
Upstairs there are two large bedrooms both have built in robes and the master bedroom has a floor mounted Mitsubishi heat pump. From here you can enjoy elevated views of the garden.
Bowen Lodge is a graceful family home set in one of Launceston's most admired suburbs.

Property History for 25 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$475,000
30 Mar 2015
Listed for Rent
$600/w
21 Dec 2011
  • 30 Mar 2015
    Sold for $475,000
  • 11 Feb 2015
    Listed for Sale $475,000
  • 27 Nov 2013
    Listed for Sale STARTING AT $545000.00
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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 2,731 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 5 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 105 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.