SOLD
Sold on 24 Apr 2024 for $345,000

1/69 Franmaree Road
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 263m2
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Key 2 Property
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Property Details for 1/69 Franmaree Rd, Newnham

1/69 Franmaree Rd, Newnham is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1977. The property has a land size of 263m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Year Built
1977
Floor Size
65m2
Land Size
263m2
Local Government
Launceston
Lot/Plan
1/59238

Last Listing description (October 2024)

This 2-bedroom home is ready for you to move straight in.
This lovely, sunny 2-bedroom home is situated in a quiet street in Newnham. Close proximity to Mowbray Market Place, local schools, transport and a short commute to the Launceston CBD.

Features Include;

- 2 spacious bedrooms both with built-ins
- Modern Kitchen with plenty of storage space
- Modern Bathroom
- Separate toilet
- Reverse cycle heating
- Low maintenance yard
- Off-street parking - Carport

TERMS OF TENANCY:

Rent: $420 Per Week
Available: 12th January 2024
Bond: $1680

Property History for 1/69 Franmaree Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$345,000
24 Apr 2024
Listed for Rent
$420/w
17 Jan 2024
  • 24 Apr 2024
    Sold for $345,000
  • 15 Apr 2024
    Listed for Sale Offers Over $349,000
  • 02 Jan 2024
    Listed for Rent $420 / 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 2,975 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 17 properties listed for sale, and 6 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 106 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.