Home/Properties/Newstead/1 & 2/98-100 Penquite Road
1 & 2/98-100 Penquite Road, Newstead$514,000
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For Saleapartment

1 & 2/98-100 Penquite Road

Newstead, TAS 7250, Australia
$499,000 – $529,000
2 bed 2 bath 1 car1075 m²

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About this property

Welcome to beautiful Newstead, and not one, but the choice of two luxurious apartments that are exceptionally located within a one-minute stroll to Scotch Oakburn College, easy walking distance to the heart of Newstead's shopping precinct, local cafes and Launceston City Centre mere minutes away. Both apartments are located on the ground floor and have secure tenants in place. Apartment 1 has a combined floor size of 158m2 and Apartment 2 at 145m2 (both approx.). They are meticulous in design and fit out and offer luxurious, high-quality 2 bedrooms and 2 bathrooms in each. Each enjoy their own private deck for entertaining or simple contemplation over a beverage with friends. Both dwellings benefit from a single lock-up garage combined with an easy care garden and sit regally on 1075m2 (approx.) of land with established fruit trees. With no expense spared on the renovations/conversion, this is your time to secure a part of ever-loved Newstead! Don't delay! Call Craig and Deb, the Spouses Selling Houses team at Nest Property, for more details today! _____________________________________________________________________________ Disclaimer: This information has been carefully compiled and is not intended to be treated as a warranty or promise as to the correctness of the information. Interested parties should undertake independent enquiries and investigations to satisfy themselves that any details herein are true and correct. The author makes no claim as to the accuracy of the information within and does not intend it to be legally binding. All other responsibilities disclaimed. Information contained herein on specific properties has been provided by the vendor, by the authorities, or by third party providers. It is subject to the final contract and interested parties must make their own separate enquiries to verify and ensure accuracy of the information herein.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
1075 m²
Listed
3 months ago

Repayment calculator

$2,492/month
$1,246 /fortnight
Loan $411,200 at 6.10% over 30 years

Upfront costs

Deposit$102,800
Stamp duty$18,843
Conveyancing (est.)$2,000
Total upfront$123,643
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Newstead

This 2-bedroom apartment in Newstead, TAS 7250 sits within reach of public transport, local shops and nearby schools. It is listed 14% below the $599,000 median of 59 comparable apartmentswithin 5 km.

Schools near Newstead

  • Newstead Christian Schoolcombined · Prep-10 · CoEd
  • Scotch Oakburn Collegecombined · Prep-12 · CoEd
  • Punchbowl Primary Schoolprimary · K-6 · CoEd
  • St Thomas More's Catholic Schoolprimary · Prep-6 · CoEd
  • Newstead Collegesecondary · 11-12 · CoEd

What's nearby

  • Penquite Rd/Scotch Oakburn Out (bus)158 m away
  • Norwood IGA797 m away
  • Queechy Park387 m away
  • Unnamed609 m away
  • Punchbowl Reserve652 m away

Newstead at a glance

Full suburb profile
Population
5,617
Median age
43
Household income
$1,470/wk
Median rent
$310/wk
Median mortgage
$1,417/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Newstead price trend

Median sold · Unit 2 bed

$400kcurrent median

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