2/24A Penquite Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

2/24A Penquite Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 23 Mar 2026
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Property Details for 2/24a Penquite Rd, Newstead

2/24a Penquite Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981.

Building Type
Unit
Year Built
1981
Local Government
Launceston
Lot/Plan
2/58757

Last Listing description (March 2026)

Private, Polished & Perfectly Positioned

Tucked quietly away on an internal block and one of only two on the title, this beautifully renovated two-bedroom unit offers the perfect blend of privacy, style and unbeatable convenience.Positioned in a prime location within easy walking distance to a major supermarket, local shops and medical facilities, this is effortless living at its finest - whether you're downsizing, investing or seeking a low-maintenance lifestyle without compromise.Step inside and immediately appreciate the quality transformation. Double glazed windows feature throughout most of the home, enhancing comfort and energy efficiency, while plantation shutters add a timeless, elevated aesthetic. Every detail has been carefully considered, with all new joinery and a fresh, cohesive palette creating a refined, contemporary feel.The open-plan kitchen is the true heart of the home - beautifully appointed and designed for both function and flair - complete with under tile floor heating that ensures year-round comfort. The adjoining living space flows seamlessly to a quiet, private sun-drenched rear deck, the perfect spot for morning coffee or relaxed afternoon entertaining.The updated modern bathroom, combined laundry, continues the theme of the thoughtful renovation, while two well-proportioned bedrooms provide comfortable accommodation.Outdoors, the low-maintenance garden area offers privacy without the upkeep. A separate car space plus a lock-up single garage provide practical convenience and valuable storage.Private, peaceful and impeccably presented - this is a rare opportunity to secure a premium unit in a highly sought-after location. Rental appraisal - $495 - $510 per weekRates - $1528 per annumIf attending the open home please park on the street.The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.

Property History for 2/24a Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
  • 07 Mar 2026
    Sold for $518,000
  • 04 Mar 2026
    Listed for Sale Offers Over $479,000
  • 13 Jul 2022
    Listed for Rent $450 weekly
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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 2 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 145 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.