OFF MARKET

70 Penquite Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 81m2
Land area: 853m2
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Property Details for 70 Penquite Rd, Newstead

70 Penquite Rd, Newstead is a 2 bedroom, 1 bathroom House and was built in 1938. The property has a land size of 853m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in November 2012.

Building Type
House
Year Built
1938
Floor Size
81m2
Land Size
853m2
Local Government
Launceston
Lot/Plan
1/101324

Last Listing description (September 2012)

Newstead Convenience
Recently painted throughout, this well maintained three bedroom, two bathroom house could be altered to turn the second kitchen into a fourth bedroom with ensuite.
Currently configured as two apartments, it could easily be converted back into a large single dwelling. Located on a large level block close to Scotch Oakburn senior campus, this versatile property is well worth considering.

Property History for 70 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$285,000
09 Nov 2012
  • 09 Nov 2012
    Sold for $285,000
  • 18 Apr 2012
    Listed for Sale OFFERS OVER $299,000
  • 29 Jan 2003
    Sold for $150,000

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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.