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.
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 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:
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