131 Penquite RoadNewstead TAS 7250
Property Details for 131 Penquite Rd, Newstead
131 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 828m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in July 2017.
Last Listing description (September 2017)
131 Penquite Road is a three-bedroom 60's style brick home, that has been kept in all its original, retro, glory, a renovators delight, ideal investment or fantastic first home opportunity!
Set on a large fully fenced immaculate block, this home is only 5 minutes from the city and within walking distance to shops, multiple schools and parks.
The living area is spacious and bright, surrounded by large windows, with a central wood fire and a deck overlooking the back yard.
Two of the three generously sized bedrooms offer built in wardrobes and the bathroom is positioned just off the hallway with a separate shower and bath.
The whole house is fitted with large windows, ensuring maximum sunlight and warmth year-round.
Under the house is a spacious open garage, with the perfect workshop/man cave offside, offering plenty of storage and bench space. There is also a further carport and plenty of secure off-street parking!
The backyard is level and sectioned off from the front of the house, making it a wonderful area for children and pets.
If you re looking to renovate, invest or just an opportunity to enter the property market then be sure to contact Parry Property today before your miss out!
Local Council: Launceston City Council
Year Built: 1960
We have in preparing this listing used our best endeavors to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.
Property History for 131 Penquite Rd, Newstead, TAS 7250
- 27 Jul 2017Sold for $279,000
- 17 Jul 2017Listed for Sale $280,000
- 20 Nov 1989Sold for $76,400
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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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