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

48 Penquite Road
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 223m2
Land area: 1108m2
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Property Details for 48 Penquite Rd, Newstead

48 Penquite Rd, Newstead is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1952. The property has a land size of 1108m2 and floor size of 223m2. While the property is not currently for sale or for rent, it was last sold in March 2011.

Building Type
House
Year Built
1952
Floor Size
223m2
Land Size
1108m2
Local Government
Launceston
Lot/Plan
3/59379

Last Listing description (March 2011)

NESTLED NICELY IN NEWSTEAD
With Newstead being in such high demand, this beautifully renovated family home on a 1108m2 block will be on the top of everyone's list, so close to the Newstead shopping centre, schools and transport, it will create enormous interest.
This is a magnificent example of what you can do with a little imagination and some hard work, with 4 bedrooms all with built ins, the main has walk-in robe and large ensuite, 2 bathrooms, 3 toilets, separate office, rumpus or second living, open plan Kitchen/dining/family with access to the north facing balcony, the kitchen has heaps of drawers and cupboard space, waterfall stone bench tops, electric oven and gas cooktop, ice maker fridge, a fantastic blend of tiles, carpet and polished boards, 2 heat pumps, wired surround sound, ducted vacuum system, double glazed windows, sound barrier thermal insulation batts on external walls, double garage plus extra parking for boat, caravan and trailer and more, automatic sprinkler system, electronic gate and I could keep going.

This loving family home is a pleasure to inspect, you may visit once, but stay a lifetime.
Additional feature/s - Built-In Wardrobes.

Property History for 48 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$640,000
10 Mar 2011
  • 10 Mar 2011
    Sold for $640,000
  • 04 Dec 2010
    Listed for Sale $669,000
  • 10 Mar 2009
    Listed for Sale $640,000
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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 52.53% increase in median value, while Units have seen a 42.78% increase. As at 30 November 2025:

  • The median value for Houses in Newstead is $727,366 while the median value for Units is $425,239.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 146 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.