OFF MARKET

50 Penquite Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 189m2
Land area: 1231m2
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Last updated 11 Nov 2024
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Property Details for 50 Penquite Rd, Newstead

50 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House and was built in 1959. The property has a land size of 1231m2 and floor size of 189m2. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
House
Year Built
1959
Floor Size
189m2
Land Size
1231m2
Local Government
Launceston
Lot/Plan
4/59379

Last Listing description (September 2024)

Situated in sought after Newstead, is this stunning large 3-4 bedroom plus a large downstairs rumpus area home. The home is perfectly positioned on the fringe of the Newstead Shopping District and close by to Scotch Oakburn College as well as surrounding cafes is available now!!

Features and Benefits;
- The convenience of TWO reverse cycle heat pumps

- Dishwasher & electric cooking
- Public Transport direct into Launceston CBD
- Outdoor entertaining area

Property Layout & Yard Features;
- Large, sunny & bright open plan living
- Polished floorboards
- 3 large bedrooms upstairs - all with built-in robes
- Large rumpus room or 4th bedroom downstairs
- Bathroom has a separate bath and enclosed shower cubical
Separate laundry and toilet
Off street car parking for 4

Lease Details and Property Connections;
- $550.00 rent per week
- $2200.00 bond
- NBN connected
- Metered Power
- 6 month lease term to Feb 2025

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 50 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$410,000
12 Apr 2017
Listed for Rent
$550/w
06 Sep 2024
  • 06 Aug 2024
    Listed for Rent $550 / week
  • 04 Jul 2023
    Listed for Rent $550 / week
  • 31 May 2017
    Listed for Rent $420 / 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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