OFF MARKET

6 Penquite Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 135m2
Land area: 698m2
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Property Details for 6 Penquite Rd, Newstead

6 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1937. The property has a land size of 698m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
House
Year Built
1937
Floor Size
135m2
Land Size
698m2
Local Government
Launceston
Lot/Plan
39/69009

Last Listing description (July 2016)

This quaint 3 bedroom, 2 toilet, 1 bathroom double brick home is set in the heart of Newstead and within a short walking distance to the shopping centre, supermarket and medical facilities. The current zoning is residential and would be ideal for a first home buyer to move in and renovate as you go however it may be possible to have it rezoned to run a business from (STCA) as it is so close to the business hub of Newstead and also has NBN. The home is full of character from double opening lead light doors through to the ornate tuckpointed brick fire place in the lounge, the great street appeal of the brickwork quoin corners and the double entrance brick portico. The level rear yard has lots of room for the home to be extended or put in a large garage (STCA). If you are a renovator or first home owner looking for a project then this might just be the one so call Ken for a private inspection.

Property History for 6 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$220,000
30 May 2016
  • 30 May 2016
    Sold for $220,000
  • 19 Feb 2016
    Listed for Sale $230,000 - $260,000
  • 30 Jun 1988
    Sold for $70,000
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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, 104 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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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.