Back 5/115 Penquite Rd
Off Market

5/115 Penquite Rd

Newstead TAS 7250

2
1
1
House
Gary ThomasGary Thomas, last sold this property on 29 July 2025 after 41 days on market.

Overview

Second Floor Two Bedroom Unit

Located on the corner of Penquite Road and Barossa Place this elevated 2nd floor unit provides the new owner with a range of options as a first home or investment property . Built in 1954 and of brick construction , iron roof and steel windows it comprises two bedrooms , lounge , kitchen / meals area and bathroom . Facing east / west the morning sun rises through the kitchen before setting in the westerly facing lounge . Located 1.1 kilometres from Queechy High School and on a bus route it is central to a Local IGA supermarket , post office and 3 kilometers from the Kingsmeadows shopping strip . An added bonus is the under cover carparking spot which is on the title . FOR SALE BY AUCTION; SATURDAY JULY 19 2025, 12.00 NOON ON SITE Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Newstead over the last 12 months, the estimated median property value of 5/115 Penquite Rd is $587.5k.

Median value
$587.5k
Estimated value range
$220k - $765k
Median days on market
19
Estimated value trend
19%
increase 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 5/115 Penquite Rd

2025
Sold
Undisclosed
29 Jul 2025 by Gary Thomas, of Living Here Launceston
2018
Rented
Undisclosed
Leased on 01 Feb 2018 by Parry Property
2017
Rented
Undisclosed
Leased on 21 Feb 2017 by Parry Property

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 2 bedroom houses in Newstead

In the last 12 months, 12 two-bedroom houses similar to 5/115 Penquite Rd, have been sold.

This represents a 62% decrease in two-bedroom houses sales when compared to the previous 12 months.

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