OFF MARKET

57 Penquite Road
Newstead TAS 7250

Bedrooms: 6
Bathrooms: 3
Car spaces: 5
Floor area: 402m2
Land area: 1300m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 57 Penquite Rd, Newstead

57 Penquite Rd, Newstead is a 6 bedroom, 3 bathroom House with 5 parking spaces and was built in 1880. The property has a land size of 1300m2 and floor size of 402m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
House
Year Built
1880
Floor Size
402m2
Land Size
1300m2
Local Government
Launceston
Lot/Plan
2/175226

Property History for 57 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,655,000
05 Aug 2020
  • 05 Aug 2020
    Sold for $1,655,000
  • 04 Nov 2017
    Sold for $670,000

Commute Calculator

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.

Suburb Insights for Newstead 7250

Market Insights
Newstead Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newstead Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.