FOR SALE
Offers Over $499,000

2 Cedar Street
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 137m2
Land area: 1027m2
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A Property With a Huge Upside

2 Cedar Street offers up a plethora of possibilities with its dimensions, its layout and the size of the block. At over a 1000 square metre block, the home sits predominantly to the front, leaving a massive back yard and possible development opportunities (STCA).
The house is featured by the sheer size of the rooms. The living room in particular is an example of this. The bedrooms follow suit with main, allowing the opportunity for a serious parent's retreat, given its proportions. Two bathrooms are certainly family friendly as is the updated kitchen and meals area.
The home is presented superbly and allows for your own footprint. The front and backyards are 100% lawn and you will have a blank canvas to create your own paradise.
There's plenty of under house storage and a paved area to create an outdoor entertainment haven. With views of the city, a 3 minute drive to Mowbray shopping precinct and a 10 minute commute into the CBD you are position perfect.

Property Details for 2 Cedar St, Newnham

2 Cedar St, Newnham is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1027m2 and floor size of 137m2. The place is currently for sale with The Agency Tasmania.

Building Type
House
Floor Size
137m2
Land Size
1027m2

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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 2,989 properties. Over the last 5 years, Houses in Newnham have seen a 74.55% increase in median value, while Units have seen a 44.61% increase. As at 31 August 2024:

  • The median value for Houses in Newnham is $462,555 while the median value for Units is $325,155.
  • Houses have a median rent of $470 while Units have a median rent of $370.
There are currently 19 properties listed for sale, and 6 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 122 properties were sold in the past 12 months in Newnham.

Suburb Insights for Newnham 7248

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Katrina Garwood
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Ian Mccallum
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The Agency Tasmania
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.