5/115 Penquite Road, Newstead, TAS 7250 sold on 30 July 2025 | OnTheHouse
 
SOLD
Sold on 30 Jul 2025 for $220,000

5/115 Penquite Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 100m2
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Property Details for 5/115 Penquite Rd, Newstead

5/115 Penquite Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1954. The property has a land size of 100m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
1954
Floor Size
79m2
Land Size
100m2
Local Government
Launceston
Lot/Plan
5/148343

Last Listing description (September 2025)

Located on the corner of Penquite Road and Barossa Place this elevated 2nd floor unit provides the new owner with a range of options as a first home or investment property .

Built in 1954 and of brick construction , iron roof and steel windows it comprises two bedrooms , lounge , kitchen / meals area and bathroom .


Facing east / west the morning sun rises through the kitchen before setting in the westerly facing lounge .

Located 1.1 kilometres from Queechy High School and on a bus route it is central to a Local IGA supermarket , post office and 3 kilometers from the Kingsmeadows shopping strip .

An added bonus is the under cover carparking spot which is on the title .

FOR SALE BY AUCTION; SATURDAY JULY 19 2025, 12.00 NOON ON SITE

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

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Property History for 5/115 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$220,000
30 Jul 2025
Listed for Rent
$170/w
02 Feb 2018
  • 30 Jul 2025
    Sold for $220,000
  • 18 Jun 2025
    Listed for Sale For Sale By Auction
  • 02 Feb 2018
    Listed for Rent - Price not available
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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 52.53% 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 12 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 146 properties were sold in the past 12 months in Newstead.

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