FOR SALE
$299,000+

4/4 Parklands Parade
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 232m2
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6% Yield! Suited to First-time homebuyers, Investors, and Downsizers

Introducing a fantastic opportunity for first-time homebuyers, investors, and downsizers alike: Unit 4/4 Parklands Parade, Newnham, Tasmania, 7248. This delightful two-bedroom, one-bathroom unit is situated in a prime location.
Upon entering the unit, you will find a well-sized bedroom at the front of the home and another at the rear. Both bedrooms are positioned conveniently close to the bathroom and laundry, making day-to-day living a breeze. The open-plan living room flows seamlessly into the kitchen, creating a bright and airy space that's perfect for entertaining and relaxing alike. Bask in the glorious sunlight that floods the room throughout the morning and late afternoon, and admire the serene surroundings of Parklands Parade.
Outside, the unit boasts a private rear yard, perfect for those who value their outdoor space and privacy. Additionally, the property comes complete with a single carport, offering parking and storage solutions to suit any buyer.
With its affordable price point and prime location in Newnham, this unit presents an unmissable opportunity for first home buyers, investors, and downsizers to secure their place in the thriving Tasmanian property market. Don't miss your chance to own the last unit in this highly desirable development - get in touch with our team today to arrange a viewing.
*We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.

Property Details for 4/4 Parklands Pde, Newnham

4/4 Parklands Pde, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 232m2 and floor size of 69m2. The place is currently for sale with Parry Real Estate Pty Ltd - PROSPECT.

Building Type
Unit
Floor Size
69m2
Land Size
232m2

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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.

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Kyle Barrett
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Parry Real Estate Pty Ltd - PROSPECT
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