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

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 157m2
Land area: 695m2
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Last updated 16 Mar 2026
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Property Details for 58 Penquite Rd, Newstead

58 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1956. The property has a land size of 695m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in October 2013.

Building Type
House
Year Built
1956
Floor Size
157m2
Land Size
695m2
Local Government
Launceston
Lot/Plan
2/59380

Last Listing description (November 2013)

Perfectly Presented on Penquite Road!
An immaculate 1950s brick home set on a 720 m2 landscaped block. This family residence is positioned to capture all day sun and has been thoughtfully upgraded over recent years to provide a low maintenance easy-living home. There are two formal living areas, one well suited to formal dining, as well as a casual dining area adjoining the kitchen both with stained timber floors. Each of the three spacious bedrooms has built-in robes and the full family bathroom is complemented by a second toilet in the laundry. There is a generous rear yard with vegie garden, lawn and garden shed. Street access is level, with extensive off-street parking and the extra- large double garage comes with a remote access roll-a-door. Upgraded continually over the past ten years, improvements include new roof, new bathroom, new garage doors, rewiring, repainting, updated plumbing and new roof insulation. Ideally situated on the bus route, handy to shops and in close proximity to quality primary and secondary schools, seldom do properties of this calibre come to the market.
Please call Tom Harrison on 0405 195 431

Additional feature/s - Deck.

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Property History for 58 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$314,000
25 Oct 2013
  • 25 Oct 2013
    Sold for $314,000
  • 09 Oct 2013
    Listed for Sale OFFERS OVER $318,000
  • 30 Nov 1999
    Sold for $95,000
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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 2,758 properties. Over the last 5 years, Houses in Newstead have seen a 52.43% increase in median value, while Units have seen a 52.17% increase. As at 28 February 2026:

  • The median value for Houses in Newstead is $762,837 while the median value for Units is $463,633.
  • Houses have a median rent of $550 while Units have a median rent of $465.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 144 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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