OFF MARKET

1/1 Olus Place
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 132m2
Land area: 280m2
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Property Details for 1/1 Olus Pl, Newnham

1/1 Olus Pl, Newnham is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 280m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
2015
Floor Size
132m2
Land Size
280m2
Local Government
Launceston
Lot/Plan
1/169715

Last Listing description (July 2020)

Ticks All Of The BoxesThis is a prime opportunity to purchase a very affordable family home in a quiet residential neighbourhood next to the University of Tasmania and accessed next to the Maritime College. Rental estimate in the vicinity of $370.00-$390.00 per week. This brick veneer double storey townhouse is 5 years old and offers a good size low maintenance garden, featuring 3 bedrooms, open plan living with 1 bathroom and two toilets plus separate laundry with plenty of storage. A single car garage and off street parking. The entrance leads to the spacious open plan lounge with electric reverse cycle air-conditioner for comfort throughout the seasons. The kitchen/meals area has an electric cooktop and oven plus loads of bench space, soft close draws with magnetic cupboards. Fully insulated and double glazed windows, dual blinds on each window comprising of sun shades and block out blinds. Safe and secure fenced backyard for the kids and pets, plus garden shed. All set on approximately 280m². This property will be a gem to buyers wanting to live with easy access to the Launceston City.* Harcourts Launceston 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. All measurements are approximate.

Property History for 1/1 Olus Pl, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$332,000
17 Jun 2020
  • 17 Jun 2020
    Sold for $332,000
  • 16 Mar 2020
    Listed for Sale $339,000
  • 25 Oct 2017
    Sold for $315,000
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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 2,977 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 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.

Suburb Insights for Newnham 7248

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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.