6/115 Penquite Road, Newstead, TAS 7250 sold on 22 May 2025 | OnTheHouse
 
SOLD
Sold on 22 May 2025 - Price Unavailable

6/115 Penquite Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 92m2
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Property Details for 6/115 Penquite Rd, Newstead

6/115 Penquite Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 92m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Floor Size
79m2
Land Size
92m2

Last Listing description (May 2025)

Looking for the perfect addition to your investment portfolio or a fantastic first home? This 2-bedroom unit in highly sought-after Newstead is sure to impress! With little to no maintenance, it's a set and forget property.

Featuring a generous living area, a neat and tidy kitchen, simple bathroom, and off-street parking, this property offers both comfort and practicality. Positioned close to essential services and with easy access to public transport, this is a prime opportunity you won't want to miss. The Launceston CBD is a quick commute or, walk to Scotch Oakburn College, Queechy High School, IGA Supermarket and more. Take a stroll through beautiful nature trails to Punchbowl Reserve for recreation or fitness.

Act fast-affordable properties in this location don't last long! Contact us today to arrange an inspection.

Rental Estimate: $320 per week
House size: 79m2
Land size: 92m2
Built: 1954
Council Zoning: Residential
Council: City Of Launceston
Heritage listed: No

**Harcourts Launceston has no reason to doubt the accuracy of the information in this
document which has been sourced from means which are considered reliable, however we
cannot guarantee accuracy. Prospective purchasers are advised to carry out their own
investigations. All measurements are approximate.**

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Property History for 6/115 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
22 May 2025
Listed for Rent
$185/w
02 Jan 2018
  • 13 May 2025
    Sold for $270,000
  • 03 Mar 2025
    Listed for Sale $279,000
  • 02 Jan 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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