OFF MARKET

1/115 George Town Road
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 154m2
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Property Details for 1/115 George Town Rd, Newnham

1/115 George Town Rd, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 154m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1993
Floor Size
75m2
Land Size
154m2
Local Government
Launceston
Lot/Plan
1/141010

Last Listing description (September 2017)

This cosy two bedroom unit is located in the heart of Newnham with all you need at your door step.
Features and Benefits;
- Private Yard

- Two off street parking areas
- Conveniently located next to IGA Supermarket
Property Layout and Yard Features;
- 2 Bedrooms
- Open plan living/dining area
- Functional bathroom/laundry
- Established low maintenance gardens
Lease Details and Property Connections;
- $200 rent per week
- $800 bond
- 12 months preferred lease term
- Sorry, pets are not permitted
- Metered power
Located close to the service station, IGA, take away shop & is a very short drive to the University of Tasmania. Please call today to arrange a viewing.

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Property History for 1/115 George Town Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$304,000
10 Feb 2022
Listed for Rent
$200/w
18 Aug 2017
  • 10 Feb 2022
    Sold for $304,000
  • 07 Aug 2017
    Listed for Rent $200 / week
  • 04 Dec 2014
    Listed for Rent $200 / 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 2,988 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 4 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Newnham.

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