31 Penquite Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

31 Penquite Road
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 279m2
Land area: 1728m2
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Property Details for 31 Penquite Rd, Newstead

31 Penquite Rd, Newstead is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1945. The property has a land size of 1728m2 and floor size of 279m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Year Built
1945
Floor Size
279m2
Land Size
1728m2
Local Government
Launceston
Lot/Plan
1/148725

Last Listing description (October 2024)

The street presence of this quietly elegant property is undeniable. Set behind high hedges on 1712m2 of manicured grounds, "Fiona" combines pared-back refinement and effortless living at its finest.

Built in 1945, the property has been meticulously updated and maintained throughout. Upon entering the welcoming foyer, you immediately feel at home. On the ground floor, you will find the over sized master suite with its huge expanse of curved widows that fill the room with light and morning sun. Plantation shutters elevate the space and ensure privacy. A walk through robe leads you to a private and generous ensuite.

The elegant yet relaxed living room, connected to a large formal dining area, exudes a sense of space and style. Subtle Art Deco influences, a warm colour palette, and modern lighting touches bring the rooms to life. A double set of original glass doors invites you outdoors to a terrace overlooking the gardens, perfect for summer evening drinks or relaxing in the afternoon sun.

The modern sun drenched kitchen boasts a magnificent imported oven that will impress those who like to cook and entertain. The area has been cleverly designed to make use of the space with plenty of joinery and bench space and you will delighted with the additional storage and space in the combined laundry and butler's pantry style room.

On the first floor, the warm embrace continues with impressive bedroom options, allowing for 3 further bedrooms, all being of extremely generous proportions, or opt to use one for relaxed living for older children. A large family bathroom and an expansive terrace area overlooking the grounds complete the 1st floor.

The extensive lawn area, meticulous hedges, and leafy private grounds pair perfectly with the home and provide an incredible space for children to play and entertain family and friends.

The home features ducted heating throughout the ground floor, lots of storage under the house, and a large sealed area for parking.

Located close to leading schools and the Newstead shopping precinct, this is a unique opportunity to secure a much-admired home.

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

Property History for 31 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,651,000
06 Aug 2024
  • 06 Aug 2024
    Sold for $1,651,000
  • 26 Jun 2024
    Listed for Sale Expression of Interest
  • 22 Dec 2020
    Sold for $1,100,000
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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 10 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 144 properties were sold in the past 12 months in Newstead.

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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.