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Back 1/46 Penquite Road
Off Market

1/46 Penquite Road

Newstead TAS 7250

3
1
2
Unit
Last sold for $556,000
Jarrah BurnsJarrah Burns, last sold this property on 09 September 2025 after 6 days on market.

Overview

Updated & Low-Maintenance Living in Prime Location

Positioned in the heart of Newstead, this updated home is within easy walking distance to shops, cafes, schools, and public transport. With Newstead Park, walking trails, the shopping centre close by, and Launceston CBD within an 8-minute commute, the location offers great convenience and lifestyle. The home features an open-plan lounge that soaks up the morning sun, with polished hardwood timber floors throughout and a heat pump for year-round comfort. A separate dining area adjoins the kitchen, which provides plenty of bench space and cupboards. There are three bedrooms, all with built-in wardrobes. The third bedroom has its own access to the backyard, making it a versatile space. The bathroom is modern and generously sized, plus there's a separate laundry and a second toilet for added practicality. The flat block and minimal stairs make the property easy to live in and maintain. The gardens are low maintenance and suitable for a small pet. Off-street parking is available for two vehicles, with additional room for a caravan or boat if needed. This home is an excellent option for investors, while also suiting downsizers, first home buyers or those looking for a low-maintenance property in a sought-after location.

Features

3 bedrooms
1 bathroom
2 carspaces
2 open car spaces
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Newstead over the last 12 months, the estimated median property value of 1/46 Penquite Road is $617.5k.

Median value
$617.5k
Estimated value range
$556k - $850k
Median days on market
11
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Newstead. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/46 Penquite Road

2025
Sold
$556,000
09 Sep 2025 by Jarrah Burns, of Harrison Agents Launceston
2020
Sold
$386,000
Private Sale/Treaty on 14 Sep 2020 by Josh Hart, of One Agency Launceston

Happy sellers in Newstead

88%
88% of sellers in Newstead reported that their sale price either exceeded or met their price expectations.

Newstead stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 40 reviews in Newstead over the last 12 months.

Local market activity for 3 bedroom units in Newstead

In the last 12 months, 3 three-bedroom units similar to 1/46 Penquite Road, have been sold.

This represents a 300% decrease in three-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Newstead

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George Bushby

George Bushby is an award winning recommended agent for Newstead.  They have 14 local sales and collected 12 local reviews across the last 12 months.

  •   4.8   (54 reviews)
  •  12 Reviews in Newstead
  •  14 Sales in Newstead
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David Hernyk

Sellers who recommend David Hernyk have praised them for being clear communication, local expert, responsive, friendly, honest, easy to work with and supportive

  •   4.9   (416 reviews)
  •  6 Reviews in Newstead
  •  7 Sales in Newstead
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Jake Loizou

Sellers who recommend Jake Loizou have praised them for being well-prepared, clear communication, local expert and responsive

  •   5   (25 reviews)
  •  5 Reviews in Newstead
  •  2 Sales in Newstead
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Michael Dearsley

Sellers who recommend Michael Dearsley have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and dedicated

  •   5   (303 reviews)
  •  4 Reviews in Newstead
  •  5 Sales in Newstead
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