OFF MARKET

4/117 Penquite Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 75m2
Land area: 88m2
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Last updated 11 Nov 2024
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Property Details for 4/117 Penquite Rd, Newstead

4/117 Penquite Rd, Newstead is a 2 bedroom, 1 bathroom Unit and was built in 1955. The property has a land size of 88m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
Unit
Year Built
1955
Floor Size
75m2
Land Size
88m2
Local Government
Launceston
Lot/Plan
4/168191

Last Listing description (June 2024)

This neatly presented 2 bedroom unit is located in the popular suburb of Newstead close to school, shops and transport, and just a short drive to the CBD.

Features & Benefits
- Monthly gardening included

- Convenient location
- Reverse Cycle Air Conditioner for all your heating and cooling needs
- Washing machine included

Property Layout & Yard Features;
- 2 bedrooms
- Well-appointed bathroom with shower over bath
- European laundry in kitchen
- Off street parking
- Shared balcony and ground

If you are looking for a low maintenance affordable unit then look no further.

Lease Details and Property Connections;;
- $350 rent per week
- $1,400 bond
- 12 month lease only
- NBN connected
- Strictly no pets

To arrange an inspection is very easy! To book a time to inspect the property, simply click on "book an inspection time" and select from the available times. By registering, you will be informed of any updates, changes, or cancellations for your appointment.

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Property History for 4/117 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$850,000
02 Jan 2018
Listed for Rent
$350/w
21 May 2024
  • 21 May 2024
    Listed for Rent $350 / week
  • 25 Nov 2021
    Listed for Rent $300 / week
  • 05 Mar 2020
    Listed for Rent $235 / 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 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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