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Sold on 04 Nov 2024 for $315,000

1/1-3 Patricia Place
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 91m2
Land area: 284m2
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Property Details for 1/1-3 Patricia Pl, Newnham

1/1-3 Patricia Pl, Newnham is a 2 bedroom, 1 bathroom Unit with 3 parking spaces. The property has a land size of 284m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Newnham in the last 12 months.

Building Type
Unit
Floor Size
91m2
Land Size
284m2
Local Government
Launceston
Lot/Plan
1/56799

Last Listing description (November 2024)

This charming 2 bedroom, 1 bathroom unit is now available for sale in the sought-after suburb of Newnham. Situated at 1/1-3 Patricia Place, this property offers a cozy living space with a carport for one vehicle and additional open parking spaces for two more.

Built in 1990, this well-maintained property sits on a 284 sqm block of land with a building area of 72 sqm. The property features a spacious living area, a functional kitchen, and a neat bathroom. All taps have been updated to flick-mixer and a new hot water cylinder has been added recently.

There is a tenant in place paying $375 per week and they would love to stay on ! Their lease ends in September.

Conveniently located close to schools, shops, and public transport, this property is perfect for first home buyers, downsizers, or investors. Don't miss out on this fantastic opportunity - contact us today for more information or to arrange a private inspection.

Rent: $375 p.wk
Lease; 20 Sep. 2024
Body Corp; $1,087 p.annum
Unit size: 72 sqm
Land size: 284 sqm
Built: 1990
Council rates: approx. $ 1,400 pa
Heritage listed: No

Harcourts East Tamar has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 1/1-3 Patricia Pl, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$315,000
04 Nov 2024
Listed for Rent
$260/w
03 Jul 2019
  • 04 Nov 2024
    Sold for $315,000
  • 16 Jun 2024
    Listed for Sale Offers Over $325,000
  • 08 Apr 2022
    Sold for $308,000
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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, 113 properties were sold in the past 12 months in Newnham.

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