OFF MARKET

83 Penquite Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 186m2
Land area: 799m2
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Property Details for 83 Penquite Rd, Newstead

83 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 799m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in May 2010.

Building Type
House
Year Built
1940
Floor Size
186m2
Land Size
799m2
Local Government
Launceston
Lot/Plan
11/12536

Last Listing description (May 2010)

NEWSTEAD
A FABULOUS OPPORTUNITY TO PURCHASE A CHARACTER HOME SURROUNDED BY ENGLISH COTTAGE GARDENS, WITH THE FLEXIBILITY OF PROVIDING SEPARATE ACCOMMODATIONS FOR EXTENDED FAMILY OR GUESTS. THE MAIN RESIDENCE HAS THREE BEDROOMS OVER TWO LEVELS, GENEROUS OPEN PLAN LIVING AND DINING ROOMS AND A KITCHEN OPENING ONTO THE SPACIOUS ENTERTAINING DECK. CAR PARKING IS PROVIDED WITH A DOUBLE CARPORT. AT THE REAR OF THE GARDEN SITS THE GUEST HOUSE WITH ONE DOUBLE BEDROOM, BATHROOM, COOKING FACILITIES AND A LOUNGE/DINING AREA PROVIDING GUESTS OR FAMILY MEMBERS WITH INDEPENDENCE AND PRIVACY IN CLOSE PROXIMITY TO THE PRIMARY HOME. THIS HOME PROVIDES A UNIQUE OPPORTUNITY AND AN INSPECTION IS RECOMMENDED.

Property History for 83 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$325,000
25 May 2010
  • 25 May 2010
    Sold for $325,000
  • 17 Jan 2010
    Listed for Sale NEGOTIABLE ABOVE $335,000
  • 16 Oct 2008
    Listed for Sale $350,000 - $380,000
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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.