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62 Parua Road
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 112m2
Land area: 728m2
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Estimated Value & Rent
Estimated Value
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Last updated 24 Feb 2025
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$400k
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Property Details for 62 Parua Rd, Newnham

62 Parua Rd, Newnham is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1974. The property has a land size of 728m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in December 1990.

Building Type
House
Year Built
1974
Floor Size
112m2
Land Size
728m2
Local Government
Launceston
Lot/Plan
243/20827

Last Listing description (February 2025)

Looking for a solid family home with room to grow? This 3-bedroom property offers a fantastic opportunity for first home buyers. Priced to reflect its potential, this home provides a great foundation in a desirable location, ready for your personal touch to modernize and refresh.

Solid brick, 3-bedroom home ideal for first home buyers
Spacious kitchen, dining, and lounge area with sliding doors leading to a patio

Beautiful views of Mowbray Golf Course from the lounge and outdoor space
Choose between a wood heater or heat pump for year-round comfort
Additional storage in the hallway and a separate toilet for convenience
Downstairs features a single garage and a large rumpus room, plus off-street parking
Expansive fenced backyard, perfect for kids and pets
Conveniently located close to public transport, schools, and Mowbray shopping centre
Just a 10-minute drive to Launceston CBD
A great opportunity to make this solid home your own with some modern updates

Council Rates approx. $1800 p.a.
Water Rates approx. $1200 p.a.

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Property History for 62 Parua Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$81,000
24 Dec 1990
Listed for Rent
$374/w
12 Jul 2022
  • 20 Feb 2025
    Sold for $415,000
  • 02 Oct 2024
    Listed for Sale Offers Over $425,000
  • 04 Aug 2022
    Listed for Rent $375 / week
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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 2,985 properties. Over the last 5 years, Houses in Newnham have seen a 61.18% increase in median value, while Units have seen a 50.73% increase. As at 31 January 2025:

  • The median value for Houses in Newnham is $439,519 while the median value for Units is $361,611.
  • Houses have a median rent of $460 while Units have a median rent of $380.
There are currently 18 properties listed for sale, and 6 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 109 properties were sold in the past 12 months in Newnham.

Newnham Profile Page

What's around 62 Parua Rd, Newnham

Nearby Schools
Comparable Properties

Suburb Insights for Newnham 7248

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Market Insights
Newnham Trends for Houses
Median Value

$440k

3.34%
View Trend
Median Growth

0.40%

View Trend
Median Rent

$460/W

-
View Trend
Rental Yield

5.46%

1.49%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (03/24 - 01/25)
Newnham Trends for Units
Median Value

$362k

4.97%
View Trend
Median Growth

3.31%

View Trend
Median Rent

$380/W

2.70%
View Trend
Rental Yield

5.80%

7.21%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (03/24 - 01/25)
Neighbourhood Insights
Age

Population 6,444

0-9

 

12%

10-19

 

12%

20-29

 

20%

30-39

 

12%

40-49

 

11%

50-59

 

11%

60-69

 

11%

70-79

 

7%

80-89

 

3%

Household Structure
Occupancy
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Disclaimer
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Tasmania data
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(a) give no warranty regarding the data's accuracy, completeness, currency or suitability for any particular purpose; and
(b) do not accept liability howsoever arising, including but not limited to negligence for any loss resulting from the use of or reliance upon the data.

Base data from the LIST © State of Tasmania http://www.thelist.tas.gov.au.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
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Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.

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