94 Penquite Road, Newstead, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

94 Penquite Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 123m2
Land area: 645m2
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Last updated 16 Mar 2026
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Property Details for 94 Penquite Rd, Newstead

94 Penquite Rd, Newstead is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 645m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1960
Floor Size
123m2
Land Size
645m2
Local Government
Launceston
Lot/Plan
1/149893

Last Listing description (December 2024)

* Tastefully renovated and updated home in a popular location* Bright, warm and welcoming home with a fabulous outlook* Modern fixtures and fittings throughout* Stunning chefs kitchen with ample bench and cupboard space.* Three generous bedrooms, all with built-in robes* Two bathrooms* Spacious veranda with a lovely outlook * Excellent outdoor entertaining area overlooking the leafy green gardens* Reverse cycle heat pump* Ideally located close to primary and secondary schools with Scotch Oakburn College close-by and an easy commute to the Newstead shopping precinct* Pets not suitable. * Property is available from 06 December 2024* For more information, please contact our office on 03 6343 1329* To book an inspection, simply click book now* To apply, go to key2.com.au and click the 2apply link on the property listing

Property History for 94 Penquite Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$566,000
02 Feb 2022
Listed for Rent
$500/w
14 Jul 2023
  • 23 Oct 2024
    Listed for Rent $520 / week
  • 28 May 2024
    Listed for Rent $520 / week
  • 31 Mar 2023
    Listed for Rent $500 / week
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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, 143 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.