FOR SALE
Offers Over $459,000

1/8 Penicola Place
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 252m2
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NEWNHAM UNIT

This tidy modern unit comprises two generously proportioned bedrooms, each with built-in storage, an open-plan living, dining, and kitchen area, a bathroom complete with a walk-in shower and a separate bathtub, plus a dedicated laundry space providing rear access and a convenient second toilet.
The dining and living area lead to easily maintained, and fenced, gardens.
Features include:
• Two generously sized bedrooms, each with built-ins
• Spacious bathroom with walk in shower & separate bath
• A reverse cycle air-conditioning system
• Contemporary kitchen with modern appliances
• Secure garaging with internal access
Located in a quiet cul-de-sac setting, within close proximity to UTAS Newnham Campus, and approximately 10 minutes to the Launceston CBD, the setting in this popular suburb is hard to beat.
"Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Please note, photos are indicative of the property only."

Property Details for 1/8 Penicola Pl, Newnham

1/8 Penicola Pl, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 252m2 and floor size of 96m2. The place is currently for sale with Roberts Real Estate Launceston.

Building Type
Unit
Floor Size
96m2
Land Size
252m2

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About Newnham 7248

The size of Newnham is approximately 6.1 square kilometres. It has 8 parks covering nearly 2.7% of total area. The population of Newnham in 2011 was 5,930 people. By 2016 the population was 6,444 showing a population growth of 8.7% in the area during that time. The predominant age group in Newnham is 20-29 years. Households in Newnham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newnham work in a labourer occupation. In 2011, 63% of the homes in Newnham were owner-occupied compared with 60.4% in 2016.

Newnham has 2,973 properties. Over the last 5 years, Houses in Newnham have seen a 66.91% increase in median value, while Units have seen a 51.09% increase. As at 31 October 2024:

  • The median value for Houses in Newnham is $447,492 while the median value for Units is $341,606.
  • Houses have a median rent of $475 while Units have a median rent of $370.
There are currently 23 properties listed for sale, and 5 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Newnham.

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Peter Cooper
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