SOLD
Sold on 06 Aug 2024 for $1,651,000

31 Penquite Road
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 279m2
Land area: 1728m2
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Property Details for 31 Penquite Rd, Newstead

31 Penquite Rd, Newstead is a 4 bedroom, 2 bathroom House and was built in 1945. The property has a land size of 1728m2 and floor size of 279m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
1945
Floor Size
279m2
Land Size
1728m2
Local Government
Launceston
Lot/Plan
2/148725

Last Listing description (October 2024)

The street presence of this quietly elegant property is undeniable. Set behind high hedges on 1712m2 of manicured grounds, "Fiona" combines pared-back refinement and effortless living at its finest.

Built in 1945, the property has been meticulously updated and maintained throughout. Upon entering the welcoming foyer, you immediately feel at home. On the ground floor, you will find the over sized master suite with its huge expanse of curved widows that fill the room with light and morning sun. Plantation shutters elevate the space and ensure privacy. A walk through robe leads you to a private and generous ensuite.

The elegant yet relaxed living room, connected to a large formal dining area, exudes a sense of space and style. Subtle Art Deco influences, a warm colour palette, and modern lighting touches bring the rooms to life. A double set of original glass doors invites you outdoors to a terrace overlooking the gardens, perfect for summer evening drinks or relaxing in the afternoon sun.

The modern sun drenched kitchen boasts a magnificent imported oven that will impress those who like to cook and entertain. The area has been cleverly designed to make use of the space with plenty of joinery and bench space and you will delighted with the additional storage and space in the combined laundry and butler's pantry style room.

On the first floor, the warm embrace continues with impressive bedroom options, allowing for 3 further bedrooms, all being of extremely generous proportions, or opt to use one for relaxed living for older children. A large family bathroom and an expansive terrace area overlooking the grounds complete the 1st floor.

The extensive lawn area, meticulous hedges, and leafy private grounds pair perfectly with the home and provide an incredible space for children to play and entertain family and friends.

The home features ducted heating throughout the ground floor, lots of storage under the house, and a large sealed area for parking.

Located close to leading schools and the Newstead shopping precinct, this is a unique opportunity to secure a much-admired home.

The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass

Property History for 31 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,651,000
06 Aug 2024
  • 06 Aug 2024
    Sold for $1,651,000
  • 26 Jun 2024
    Listed for Sale Expression of Interest
  • 22 Dec 2020
    Sold for $1,100,000
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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 23 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Newstead.

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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.