2/100 Penquite RoadNewstead TAS 7250
Property Details for 2/100 Penquite Rd, Newstead
2/100 Penquite Rd, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 1075m2 and floor size of 86m2.
Last Listing description (February 2026)
Welcome to beautiful Newstead, and not one, but the choice of two luxurious apartments that are exceptionally located within a one-minute stroll to Scotch Oakburn College, easy walking distance to the heart of Newstead's shopping precinct, local cafes and Launceston City Centre mere minutes away.
Both apartments are located on the ground floor and have secure tenants in place. Apartment 1 has a combined floor size of 158m2 and Apartment 2 at 145m2 (both approx.). They are meticulous in design and fit out and offer luxurious, high-quality 2 bedrooms and 2 bathrooms in each. Each enjoy their own private deck for entertaining or simple contemplation over a beverage with friends.
Both dwellings benefit from a single lock-up garage combined with an easy care garden and sit regally on 1075m2 (approx.) of land with established fruit trees.
With no expense spared on the renovations/conversion, this is your time to secure a part of ever-loved Newstead!
Don't delay! Call Craig and Deb, the Spouses Selling Houses team at Nest Property, for more details today!
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Property History for 2/100 Penquite Rd, Newstead, TAS 7250
- 09 Feb 2026Listed for Sale $499,000-$529,000 per apartment
- 08 Jul 2025Listed for Sale $499,000-$529,000 per apartment
- 19 Sep 2018Listed for Rent $330 / week
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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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