OFF MARKET

1/27 George Town Road
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 302m2
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Property Details for 1/27 George Town Rd, Newnham

1/27 George Town Rd, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 302m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in February 2007.

Building Type
Unit
Year Built
1988
Floor Size
74m2
Land Size
302m2
Local Government
Launceston
Lot/Plan
1/57081

Last Listing description (May 2019)

Stand alone unit rented at $225 per week, 7 - 7.8% return. The tenant has been there 5 years and current lease expires in March 2018. Two bedroom unit with wood heater and sunny kitchen. Bathroom with separate shower and bath, with a separate toilet from bathroom. Single lock up garage, small veggie garden and bird aviary. Situated close to the Maritime College, University and all services and shops of Mowbray Market Place.

Property History for 1/27 George Town Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$140,000
20 Feb 2007
  • 04 Jan 2017
    Listed for Sale $159,000 - $165,000
  • 20 Feb 2007
    Sold for $140,000
  • 20 Apr 1994
    Sold for $62,000
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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 2,975 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 21 properties listed for sale, and 8 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 114 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.