12 Penquite Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

12 Penquite Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 197m2
Land area: 797m2
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Property Details for 12 Penquite Rd, Newstead

Building Type
Commercial
Year Built
1930
Floor Size
197m2
Land Size
797m2
Local Government
Launceston
Lot/Plan
57/55679

Last Listing description (July 2017)

Exhibiting the period character features with gleaming floors, cosy carpet and high ceilings. This light-filled home occupies a generous allotment of 797m2 approx. with front and rear gardens great for the kids to run and play.
Boasting a single-level floorplan, a carpeted living room at the front of the house faces east, family kitchen/dining area overlooks the flat backyard towards the rear and electric appliances in the spacious central kitchen. The 3 bedrooms with built-in robes, (WIR and ensuite in the master bedroom) and a central renovated family bathroom.
The private backyard has a timber deck (with power and plumbing) dining area with its own pizza oven, watering system in the lawn and backyard lighting. Freshly painted outside and natural tones complement the home. Two reverse cycle split system air conditioners, built in fire heater and a ducted heat transfer system really set this home off. Up the drive you will find a single garage, perfect for storage/workshop and off-street parking for a few cars.

Positioned in a convenient location, this gorgeous home is close to buses, Scotch Oakburn schools, childcare, and the Newstead Shopping Centre.
- Single-level character home
- Separate family rooms
- Light and bright appointed kitchen
- Split system and wood heating
- Nearby primary school, childcare and shops
- Solar panel system
Built: 1930
Municipality: Launceston
Water rates: $924 approx
Rates: $1768 approx

Property History for 12 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$920,000
02 Mar 2023
Listed for Rent
$375/w
29 Aug 2013
  • 02 Mar 2023
    Sold for $920,000
  • 18 Apr 2017
    Sold for $415,000
  • 31 Mar 2017
    Listed for Sale Best Offers Over $395,000
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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 8 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 146 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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Cotality Copyright and Legal Disclaimers about Property Data
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.