8 Penquite RoadNewstead TAS 7250
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CHARACTER FAMILY HOME
Property Details for 8 Penquite Rd, Newstead
8 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House with 4 parking spaces. The place is currently for rent with KEY 2 PROPERTY.
About Newstead 7250
The size of Newstead is approximately 3.9 square kilometres. There are 8 parks, covering nearly 15.1% of the total area. The population of Newstead in 2016 was 5366 people. By 2021 the population was 5617 showing a population growth of 4.7% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newstead work in a professional occupation.In 2021, 66.20% of the homes in Newstead were owner-occupied compared with 64.40% in 2016.
Newstead has 2,761 properties. Over the last 5 years, Houses in Newstead have seen a 42.86% increase in median value, while Units have seen a 48.29% increase. As at 30 April 2026:
- The median value for Houses in Newstead is $777,288 while the median value for Units is $499,077.
- Houses have a median rent of $570 while Units have a median rent of $450.
Suburb Insights for Newstead 7250
Market Insights
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