FOR SALE
Offers Over $339,000

2/31 George Town Road
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 150m2
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Neat and Convenient Brick Unit Close to All Amenities

Situated in Newnham, this well-maintained brick unit presents an excellent opportunity for investors, first home buyers, or those looking to downsize. With a practical layout and low-maintenance appeal, it provides ease of living in a good location close to essential amenities.
• 2 good sized bedrooms, both with built-in wardrobes
• Open-plan lounge area with heat pump for year-round comfort
• Functional kitchen space
• Separate laundry for added convenience
• Low-maintenance, paved outdoor area ideal for relaxation or nurturing a small garden
• Secure single-car garage
• Positioned close to public transport, local schools, Mowbray Shopping Centre, Maritime College, and TAFE
• Easy 5-10 minute drive to Launceston CBD
A solid investment in a good location, this property is ready to meet a variety of lifestyle needs.
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Property Details for 2/31 George Town Rd, Newnham

2/31 George Town Rd, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 150m2 and floor size of 76m2. The place is currently for sale with The Agency Tasmania.

Building Type
Unit
Floor Size
76m2
Land Size
150m2

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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 2,976 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 20 properties listed for sale, and 8 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in Newnham.

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Richard Bailey
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The Agency Tasmania
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