1/37 Bishops DriveNewnham TAS 7248
Property Details for 1/37 Bishops Dr, Newnham
1/37 Bishops Dr, Newnham is a 6 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 1974. The property has a land size of 209m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 1996.
Last Listing description (March 2019)
Here is an opportunity worthy of your attention not only to take advantage of the great rental returns but also the bonus of the larger than average parcel of land that comes with the 3 units.
On approximately 1200 m2, the three strata titled units make a sound investment and lend itself open for further development if desired S.T.C.A. Each unit consists of 2 good sized bedrooms, living room, bathroom/laundry as well as separate toilet and a kitchen which gives you plenty of scope to enhance with an upgrade in time to come. Each unit also has a private low maintenance rear yard which creates a pleasant place to relax, as well as easy access to over 14 hectares of park just over your back fence. Currently the units are fully tenanted at $600 per week with plenty of scope for further improvements to help gain further rent in the future. With great tenants in place, you can be rest assured you are purchasing a sound investment. To find out more about the units or simply book an inspection, contact today......
Property History for 1/37 Bishops Dr, Newnham, TAS 7248
- 24 Jun 2016Listed for Sale $510,000
- 26 Jun 2014Listed for Rent - Price not available
- 13 Jun 2009Listed for Rent - Price not available
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0About 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.
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