SOLD
Sold on 26 Feb 2024 for $500,000

65 Penquite Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 142m2
Land area: 720m2
Sold By
Ananda & Kate
Key2 Property
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Property Details for 65 Penquite Rd, Newstead

65 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1948. The property has a land size of 720m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
1948
Floor Size
142m2
Land Size
720m2
Local Government
Launceston
Lot/Plan
2/12536

Last Listing description (March 2024)

This charming, 1940’s family home in the highly sought-after location of Newstead is nestled on a spacious, flat 720 m2 block. A delightful residence offering perfect blend of character features and contemporary conveniences.

As you step inside the entry porch, you'll be greeted by a generous living area, basking in sunlight throughout the day, thanks to the home's sunny aspect. The flexible floorplan provides ample opportunity to create a living space that suits your unique family dynamic, whilst maintaining the warmth and character that this home exudes.

Accommodating three well-sized bedrooms and a family bathroom, this home provides ample space for families to grow and thrive. A single lock-up garage offers secure parking and additional storage space for your convenience.

One of the standout features of this property is the enchanting garden, a verdant sanctuary providing the perfect space for children to play and explore, or for avid gardeners to indulge their green thumb.

Located in the heart of Newstead, this charming home is just moments away from all the amenities your family could need, including schools, shops, parks and public transport.

Don't miss your chance to secure this delightful home in a highly desirable location. With its character charm, rambling garden and unbeatable location, this property is a rare find that will undoubtedly impress. Be quick, as this property won't be on the market for long!

Council rates: $468 p/q approx.
Water rates: $234 p/q approx.
Building size: 154m2 approx.
Land size: 720m2 approx.
Year Built: 1948
Rental Estimate: $490-$540 per week approx.

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 65 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$500,000
26 Feb 2024
  • 26 Feb 2024
    Sold for $500,000
  • 21 Nov 2023
    Listed for Sale Not Disclosed
  • 14 Dec 2004
    Sold for $238,000
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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, 106 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.