SOLD
Sold on 01 Mar 2024 for $550,000

1/131 Alanvale Road
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 305m2
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Property Details for 1/131 Alanvale Rd, Newnham

1/131 Alanvale Rd, Newnham is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 305m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Newnham in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
112m2
Land Size
305m2
Local Government
Launceston
Lot/Plan
2/149419

Property History for 1/131 Alanvale Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$550,000
01 Mar 2024
  • 01 Mar 2024
    Sold for $550,000
  • 10 Aug 2006
    Sold for $247,000

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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.

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