63 Penquite Road, Newstead, TAS 7250 sold on 14 March 2026 | OnTheHouse
SOLD
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Sold on 14 Mar 2026 for $700,000

63 Penquite Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 139m2
Land area: 708m2
Sold By
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McGrath Launceston (F)
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Property Details for 63 Penquite Rd, Newstead

63 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1948. The property has a land size of 708m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
1948
Floor Size
139m2
Land Size
708m2
Local Government
Launceston
Lot/Plan
1/12536

Last Listing description (June 2026)

This beautifully maintained three-bedroom weatherboard home in sought-after Newstead. Light-filled and impeccably presented this property is ideal for tenants seeking a well-cared-for home in a convenient location.

Features and benefits;

Light-filled interiors with a warm and inviting feel

Spacious lounge for relaxed living
Open-plan kitchen and dining area
Well-maintained throughout with charming character features
Private, established gardens ideal for outdoor enjoyment

Property Layout & Yard Features;

Three generous bedrooms
Central bathroom
Sunroom or home office at the rear
Fully landscaped gardens
Outdoor BBQ/entertaining area
Double garage plus ample off-street parking

Located in one of Newstead's most desirable pockets, this home is close to quality schools, shops, parks and only a short drive to the Launceston CBD, offering both lifestyle and convenience.

Lease Details and Property Connections;

$600 per week
$2400 Bond
Lease term: 12 months
At any stage before or throughout this tenancy, the tenant will be required to seek the owner's consent using the approved form to keep a pet at the premises.

To arrange an inspection is very easy! To book a time to inspect the property, simply click on "book an inspection time" and select from the available times. By registering, you will be informed of any updates, changes, or cancellations for your appointment.

Property History for 63 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$700,000
14 Mar 2026
Listed for Rent
$600/w
12 Jun 2026
  • 04 May 2026
    Listed for Rent $600 / week
  • 14 Mar 2026
    Sold for $700,000
  • 05 Mar 2012
    Sold for $279,000
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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. There are 8 parks, covering nearly 15.1% of the 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 2,765 properties. Over the last 5 years, Houses in Newstead have seen a 35.62% increase in median value, while Units have seen a 43.98% increase. As at 30 June 2026:

  • The median value for Houses in Newstead is $798,095 while the median value for Units is $508,899.
  • Houses have a median rent of $580 while Units have a median rent of $465.
There are currently 16 properties listed for sale, and 7 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 150 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.