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8 Penquite Road, Newstead$749,000
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For Salehouse

8 Penquite Road

Newstead, TAS 7250, Australia
$749,000
3 bed 1 bath 1 car740 m²

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About this property

Positioned in one of Newstead's 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 Launceston's CBD, quality schools, shops and local cafés. 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 Details

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

Repayment calculator

$3,631/month
$1,816 /fortnight
Loan $599,200 at 6.10% over 30 years

Upfront costs

Deposit$149,800
Stamp duty$28,890
Conveyancing (est.)$2,000
Total upfront$180,690
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 3-bedroom house in Newstead, TAS 7250 sits within reach of public transport, local shops and nearby schools. It is listed 2% above the $732,500 median of 60 comparable houseswithin 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 Stop 9 Out (bus)146 m away
  • Elphin Continental Cakes100 m away
  • Unnamed385 m away
  • Clementina Street Park526 m away
  • Elphinwood Square776 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 · House 3 bed

Compound growth +1.7% / yr over 4 yrs

$713kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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