117 Penquite RoadNewstead TAS 7250
Property Details for 117 Penquite Rd, Newstead
117 Penquite Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1955. The property has a land size of 1037m2 and floor size of 475m2. While the property is not currently for sale or for rent, it was last sold in May 2014.
Last Listing description (March 2021)
This apartment block offers a great opportunity to the astute investor. Featuring 6 spacious, 2 bedroom units, all recently renovated including new kitchens, new bathrooms, new hide away laundrys and carpets. Plenty of off-street parking is available for all tenants.
All units include a refrigerator, washing machine and gas heater and near new gas oven and cook-tops.
Currently all on one title the potential for strata titling subject to the necessary statutory approvals is also a available.
For Sale by Expressions Of Interest closing at 5pm on 12th September, 2008.
Call Peter McGillvery on (0418) 134110 for an information pack.
Inspections are by prior arrangement.
Property History for 117 Penquite Rd, Newstead, TAS 7250
- 10 Nov 2020Listed for Sale Contact Agent
- 19 Aug 2017Listed for Sale Expressions of Interest
- 08 May 2014Sold for $805,000
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0About 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.
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