1/73 Franmaree Rd, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 129m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in April 2020.
This flat, functional unit offers an excellent opportunity for renovators, investors, first home buyers and downsizers alike! The home is comfortable and liveable as-is, but it also offers excellent potential for renovations and updates. The property is situated in a quiet neighbourhood with good access to public transport and local conveniences.• Solid, spacious unit in a good location• Functional floorplan offering two bedrooms with built-in robes, open plan living, and generous room sizes• Well-appointed kitchen with good bench space• Great renovation potential • Single carport plus additional off-street parking options• Situated on a generous block with potential for further landscaping• Located in a quiet neighbourhood with access to public transport and close to local shops and services • Ideally located close to the UTAS, Australian Maritime College and TAFE campuses – great for investors or students!• Just a short drive from the Launceston CBDCouncil rates: 250 p/q approx.Water rates: $240 p/q approx. Land size: 129m2 approx.Building size: 70m2 approx. Year built: 1978Rental estimate: $260-$300 per week approx. Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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 2,988 properties. Over the last 5 years, Houses in Newnham have seen a 74.55% increase in median value, while Units have seen a 44.61% increase. As at 31 August 2024:
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