OFF MARKET

81 Penquite Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 123m2
Land area: 470m2
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Last updated 18 Nov 2024
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Property Details for 81 Penquite Rd, Newstead

81 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House and was built in 1953. The property has a land size of 470m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1953
Floor Size
123m2
Land Size
470m2
Local Government
Launceston
Lot/Plan
2/57452

Last Listing description (August 2024)

Rarely do homes of this quality become rental properties.

This absolutely gorgeous cottage, provides modern twists, yet peace, privacy, sunshine, natural light and absolute covenience - situated only moments from the schools, cafes and local parks.

The home offers a brand new, designer kitchen - perfect to cook and entertain in! There are three bedrooms, the bathroom also brand new, living and dining spaces to enjoy, a powder room and an additional sitting room to enjoy a nice glass of wine in with your dinner party guests.

We can't wait to introduce you to such a special home - be sure to reach out if we can assist you.

Available: 5 Aug 2023

Lease term: 6/12/18 months

Pets: The owner may consider a well-referenced pet upon application.

To request a viewing of this property or receive an application, please submit an email enquiry and you will be notified of available opportunities and an online link to apply.

We can't wait to help you secure your new home!

Property History for 81 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$725,000
17 Nov 2021
Listed for Rent
$650/w
10 Nov 2023
  • 23 Jul 2024
    Listed for Rent $650 / week
  • 27 Oct 2023
    Listed for Rent $650 / week
  • 09 Dec 2021
    Listed for Rent $670 / week
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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.