OFF MARKET

1/68 Franmaree Road
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 249m2
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Property Details for 1/68 Franmaree Rd, Newnham

1/68 Franmaree Rd, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 249m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
1985
Floor Size
74m2
Land Size
249m2
Local Government
Launceston
Lot/Plan
1/55503

Last Listing description (December 2018)

Here is a very low maintenance property with a lot of potential to make it your own. Offering a great floor plan with a hallway from the living leading to bedrooms & bathroom and open plan living with a northerly outlook. Main features include two bedrooms with quality built-ins, functional bathroom and practical kitchen connecting with the open plan dining & lounge. A compact courtyard offers a sunny spot for a quiet coffee or area for a small dog. But the real bonus here is the single garage with internal access, offering laundry and storage space.
Ideally located near public transport, local shops and schools & just 10 minutes to the CBD.
With just 4 units on the block and no active body corporate & no additional annual fees, this unit represents excellent value and won't last on the market for long!

1/68 Franmaree Rd at a glance:
Solid, low maintenance unit
2 spacious bedrooms with built-in robes
Open plan living / dining / kitchen
Lovely sunny courtyard
Single garage with internal access
Only one of 4 dwellings on the block
Similar units in the area rent up to $230 per week

Property History for 1/68 Franmaree Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$184,000
26 Nov 2018
  • 26 Nov 2018
    Sold for $184,000
  • 13 Sep 2018
    Listed for Sale Offers over $189,000
  • 21 Oct 2000
    Sold for $66,500
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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.