8 Penquite RoadNewstead TAS 7250
Property Details for 8 Penquite Rd, Newstead
8 Penquite Rd, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1935. The property has a land size of 740m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in September 1984.
Last Listing description (April 2026)
Positioned in one of Newsteads most desirable pockets, this beautifully presented character home blends classic charm with light-filled, modern comfort. With its attractive street presence, bay windows and welcoming arched entry, the home immediately sets the tone for what lies within.Inside, natural light pours through generous windows, creating warm and inviting living spaces throughout. The home offers a flexible layout, complemented by a well-appointed bathroom along with the added convenience of a second toilet ideal for busy households or when entertaining.The kitchen and living zones connect seamlessly to the outdoors, where a sunny, level backyard provides plenty of space for entertaining, gardening or simply enjoying the peaceful surroundings. A large shed adds practicality and storage, while the established trees offer shade and privacy.Set on a sunny block, this home captures all-day light and enjoys a highly convenient location just minutes from Launcestons CBD, quality schools, shops and local cafs.Building size: 131m2 approx.Land size: 740m2 approx.Year built: 1935 Rental estimate: Currently leased out for $540 till 16/9/26 Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 8 Penquite Rd, Newstead, TAS 7250
- 14 Apr 2026Listed for Sale Offers over $749,000
- 23 Nov 2023Listed for Rent $530 / week
- 01 May 2023Listed for Rent $495 / 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 2,758 properties. Over the last 5 years, Houses in Newstead have seen a 47.26% increase in median value, while Units have seen a 51.45% increase. As at 31 March 2026:
- The median value for Houses in Newstead is $777,142 while the median value for Units is $497,916.
- Houses have a median rent of $570 while Units have a median rent of $450.
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