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

38 Penquite Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 139m2
Land area: 612m2
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Property Details for 38 Penquite Rd, Newstead

38 Penquite Rd, Newstead is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1968. The property has a land size of 612m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
House
Year Built
1968
Floor Size
139m2
Land Size
612m2
Local Government
Launceston
Lot/Plan
1/61263

Last Listing description (January 2018)

Move right in and don't do a thing! A contemporary kitchen, ample space, solid construction, having recently undertaken a complete renovation with no expense spared. Upon entering the home you will immediately notice how deceptively quiet it is, the light filled lounge is incredibly spacious yet provides a sense of warmth and relaxation with modern neutral toned and high quality carpet.
Natural light streams through in an open plan kitchen and dining area, with great cupboard space, soft-close draws and a shimmery red splash back. Large windows with quality window furnishings create a sense of elegance and space, where you can sit and admire your gardens from the comfort of the living room.
The extra wide hallway is not only pleasantly pleasing, but practical, with the option of having your own study nook or storage space. The master bedroom is impressive with excellent storage not to mention a modern, stylish en suite and walk through robe. The second and third bedrooms all have plush carpet, blinds and light fittings.

The luxurious main bathroom is practical and on point, with a bath tub & shower. Situated on a smaller block with a sleek double garage, the property is securely fenced and only a short stroll to the hub of Newstead, with everything at your finger tips, this home would make for the ideal sanctuary for those recent retirees, or as a deluxe family home. Call now to book your private viewing today.

Property History for 38 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$379,000
12 Nov 2017
  • 12 Nov 2017
    Sold for $379,000
  • 10 Oct 2017
    Listed for Sale Offers over $369,000
  • 09 May 2016
    Sold for $362,000
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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 2,759 properties. Over the last 5 years, Houses in Newstead have seen a 57.46% increase in median value, while Units have seen a 47.28% increase. As at 31 January 2026:

  • The median value for Houses in Newstead is $767,159 while the median value for Units is $437,266.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 10 properties listed for sale, and 3 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.