106 Penquite Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
 
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106 Penquite Road
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 139m2
Land area: 705m2
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Last updated 16 Mar 2026
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Property Details for 106 Penquite Rd, Newstead

106 Penquite Rd, Newstead is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1954. The property has a land size of 705m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1954
Floor Size
139m2
Land Size
705m2
Local Government
Launceston
Lot/Plan
3/21284

Last Listing description (April 2022)

Extensively renovated throughout, this beautiful home offers an abundance of style, and space for the whole family with an elevated leafy outlook in a sought after area of Newstead. From the front verandah, you will appreciate the tranquil surroundings with established gardens and a view of the mountains to the northeast. Head inside to the main living area where gorgeous timber flooring, light filled space, stunning marble kitchen, and an open plan design will make you feel right at home. Complete with a fantastic backyard and outdoor entertaining space, this property ticks all the boxes!

3 bedrooms plus study, 2 bathrooms, single garage
Additional off street parking

Open plan living area
Workshop space under the home
Covered back verandah
Sunny outdoor entertaining area
Spacious bedrooms
Plenty of grassed space for the kids and pets to play
Established gardens in the surrounding yards provide privacy
Beautiful marble kitchen has quality Smeg appliances, stone benchtops with waterfall edge, undermount sink, gas stove, and a peninsula with room for seating
Spa-like bathrooms
Timber flooring
Master bedroom has a fabulous private ensuite and walk in robe/ study
Elevated north easterly views of the mountains
Daiken heat pump with heat transfer system
NBN connection
250m from Scotch Oakburn College
Close to schools, shops, cafes, and Punchbowl Falls
6 minutes from Launceston CBD

Council rates: $420 p/q approx.
Water rates: $290 p/q approx.
Building size: 139m2 approx.
Land size: 625m2 approx.
Year Built: 1954
Rental estimate: $600 per week

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 106 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$700,000
28 Mar 2022
  • 28 Mar 2022
    Sold for $700,000
  • 08 Mar 2022
    Listed for Sale Offers Over $649,000
  • 25 May 2018
    Sold for $320,000
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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 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 2,758 properties. Over the last 5 years, Houses in Newstead have seen a 52.43% increase in median value, while Units have seen a 52.17% increase. As at 28 February 2026:

  • The median value for Houses in Newstead is $762,837 while the median value for Units is $463,633.
  • Houses have a median rent of $550 while Units have a median rent of $465.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 145 properties were sold in the past 12 months in Newstead.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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