50 Penquite RoadNewstead TAS 7250
Property Details for 50 Penquite Rd, Newstead
50 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1959. The property has a land size of 1231m2 and floor size of 189m2. While the property is not currently for sale or for rent, it was last sold in April 2017.
Last Listing description (September 2024)
Situated in sought after Newstead, is this stunning large 3-4 bedroom plus a large downstairs rumpus area home. The home is perfectly positioned on the fringe of the Newstead Shopping District and close by to Scotch Oakburn College as well as surrounding cafes is available now!!
Features and Benefits;
- The convenience of TWO reverse cycle heat pumps
- Public Transport direct into Launceston CBD
- Outdoor entertaining area
Property Layout & Yard Features;
- Large, sunny & bright open plan living
- Polished floorboards
- 3 large bedrooms upstairs - all with built-in robes
- Large rumpus room or 4th bedroom downstairs
- Bathroom has a separate bath and enclosed shower cubical
Separate laundry and toilet
Off street car parking for 4
Lease Details and Property Connections;
- $550.00 rent per week
- $2200.00 bond
- NBN connected
- Metered Power
- 6 month lease term to Feb 2025
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Property History for 50 Penquite Rd, Newstead, TAS 7250
- 06 Aug 2024Listed for Rent $550 / week
- 04 Jul 2023Listed for Rent $550 / week
- 31 May 2017Listed for Rent $420 / week
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0About 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.
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