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.
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.
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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