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.
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.
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:
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