104 Penquite Rd, Newstead is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 610m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 3 bedroom House sold in Newstead in the last 12 months.
Nestled in a convenient and sought-after location, this charming three-bedroom home is brimming with potential. The spacious main bedroom boasts an ensuite and walk-in wardrobe and its own reverse cycle air conditioner, while the remaining bedrooms are well-sized to accommodate family or guests. Featuring two separate living areas and the comfort of reverse cycle air conditioning, this home is designed for both relaxation and practicality. The main bathroom includes a bath tub, perfect for unwinding after a long day. Showcasing original floorboards, the home retains its character while offering an excellent opportunity for renovation.
Enjoy the stunning mountain views from the front of the property, while the rear features a small undercover deck, ideal for a quiet morning coffee. A single car garage, solar panels, and a generous backyard complete the package, along with a small garden shed for additional storage.
Ideally suited for first-home buyers, investors, or renovators, this property is just 100m from Scotch Oakburn College and also within close proximity to other quality primary and secondary schools. Conveniently located near the Newstead shopping precinct and only a five-minute drive to Launceston CBD, this is a fantastic opportunity to create your dream home in a prime location!
Disclaimer - We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.
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 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 2,759 properties. Over the last 5 years, Houses in Newstead have seen a 52.53% increase in median value, while Units have seen a 42.78% increase. As at 30 November 2025:
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