20 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1952. While the property is not currently for sale or for rent, it was last sold in September 2024.
Presenting to the market for the first time in 24 years, this treasured brick residence is ready for its new owners to enjoy.
Filled with natural light, this charming home has been lovingly maintained and offers a well-cared-for, original condition that exudes warmth and character. The home features original polished timber floors and a neutral colour palette, making it easy to add your personal touch.
The functional kitchen space is both practical and inviting, offering ample room for meal preparation and family gatherings. The formal living room opens up through elegant French doors to a tiled outdoor area, seamlessly blending indoor and outdoor living spaces.
With three spacious bedrooms, each with built-in wardrobes, there's ample accommodation for the whole family. The home also includes an additional living room, providing flexibility for both relaxation and entertaining. The large undercover outdoor space is perfect for hosting gatherings or enjoying a quiet moment in the established gardens.
Situated on a desirable corner block with convenient parking access off Campbell Street, the property also includes a single garage ensuring both security and convenience.
One of the many highlights of this property is its prime location, just a short walk to the Newstead shopping precinct, where you'll find everything you need, including doctors, a chemist, cafes, whilst only being a short 7 minute drive to the Launceston CBD.
This cherished home offers a unique blend of comfort, charm, and timeless appeal-ready for you to make it your own. Contact us today to see if for yourself.
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Boundary lines are indicative only.
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 2,759 properties. Over the last 5 years, Houses in Newstead have seen a 52.53% increase in median value, while Units have seen a 42.78% increase. As at 30 November 2025:
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