2/22 Penquite Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
 
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2/22 Penquite Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 192m2
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Last updated 23 Mar 2026
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Property Details for 2/22 Penquite Rd, Newstead

2/22 Penquite Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 192m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1981
Floor Size
80m2
Land Size
192m2
Local Government
Launceston
Lot/Plan
2/58609

Last Listing description (January 2024)

This spacious unit located in the sought after suburb of Newstead has a lot to offer! With recent updates to the interior for modern living - this unit won't last long!

Features and Benefits;
Recently renovated throughout with new carpet, paint and heat pump

Two bedrooms with built in wardrobes
Dual heat pump
Private courtyard
Washing machine included

Property Layout/Yard Features;
Bright open plan living area
Well-appointed kitchen
Gorgeous quiet neighbours
Undercover car spot
Great outdoor storage facilities
Gardener included in the rent

Lease Details;
Available now!
12 month lease preferred
$390 per week
$1560 bond

Pets Options;
Pets are considered upon application

To arrange an inspection is very easy! To book a time to inspect the property, simply click on "book an inspection time" and select from the available times. By registering, you will be informed of any updates, changes, or cancellations for your appointment.

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Property History for 2/22 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$265,000
30 May 2022
Listed for Rent
$390/w
12 Jan 2024
  • 03 Jan 2024
    Listed for Rent $390 / week
  • 16 Sep 2022
    Listed for Rent $350 / week
  • 30 May 2022
    Sold for $265,000
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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.

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© 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.

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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.

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