40 Penquite Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
 
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40 Penquite Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 159m2
Land area: 676m2
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Last updated 3 Aug 2026
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Property Details for 40 Penquite Rd, Newstead

40 Penquite Rd, Newstead is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 676m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in October 2011.

Building Type
House
Year Built
1950
Floor Size
159m2
Land Size
676m2
Local Government
Launceston
Lot/Plan
2/55051

Last Listing description (November 2011)

TIMELESS ENGLISH CHARACTER
Located on highly sought after Penquite Road is this beautifully presented 1951 English character property.
As you enter, you are greeted in the beautiful entrance by the staircase ascending upstairs to the three great double size bedrooms, all with built in robes and the bathroom. The generous size master bedroom extends through to a sunny and relaxing sunroom.

Also greeting you at the entrance is the hallway through to the spacious kitchen revealing one of the best features of the home, the 1950's stove/oven that you will have to see to appreciate, as well as plenty of cupboard storage. Through from the kitchen is the dining room with side garden views opening on to the lounge room with feature front window looking into the front yard, sheltered from the road by the garden.
There is an additional sunroom downstairs off the dining area which is currently utilized as a study or could be utilized as a rumpus room; there is ample space for the family. Also downstairs is a second toilet and basin for family convenience.
Updated throughout the home are new carpets and tiles, heat-pump, re-painted as well as being completely re-wired. Private and flat, the backyard offers enough space for the family and pets, sheltered by mature trees and the garage. Located only 6 minutes from Launceston CBD and even closer to local shopping centres and schools, this home is set in an ideal location, on a prestigious street.
Additional feature/s - Built-In Wardrobes.

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Property History for 40 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$310,000
25 Oct 2011
  • 25 Oct 2011
    Sold for $310,000
  • 12 Aug 2011
    Listed for Sale $300,000-$330,000
  • 15 Mar 1999
    Sold for $124,000
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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. There are 8 parks, covering nearly 15.1% of the 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 2,766 properties. Over the last 5 years, Houses in Newstead have seen a 35.62% increase in median value, while Units have seen a 43.98% increase. As at 30 June 2026:

  • The median value for Houses in Newstead is $798,095 while the median value for Units is $508,899.
  • Houses have a median rent of $580 while Units have a median rent of $465.
There are currently 16 properties listed for sale, and 7 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 150 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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