OFF MARKET

1 Picasso Place
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 142m2
Land area: 757m2
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Property Details for 1 Picasso Pl, Newnham

1 Picasso Pl, Newnham is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 757m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1995
Floor Size
142m2
Land Size
757m2
Local Government
Launceston
Lot/Plan
205/105927

Last Listing description (April 2023)

This home offers three bedrooms, with the main offering a large walk-in robe and an en-suite, the remaining two bedrooms both have built-in wardrobes. The spacious kitchen with dishwasher is open to the dining room and flows through to the sunken lounge room which leads out to a fabulous outdoor entertaining area! The main bathroom has a separate shower and bath, plus the laundry and toilet are separately located. The home is kept cosy and warm in the colder months with with a free standing wood heater and reverse cycle heat pump.

Just perfect for those who love to garden, you will find an area for your veggies to grow, plenty of room to potter around and multiple areas to sit back, relax and enjoy a coffee - perhaps by the fountain which you are greeted with.

The fabulous entertaining area is just perfect for hosting friends and family this summer and well into the winter months with an indoor area, which has the added bonus of a built in pizza oven!

The large double garage plus workshop is ideal for those who love their cars, tools or just storage!

All of this is located close to the local schools, Australian Maritime College and the University of Tasmania.

For a private inspection call Joey Maloney today at Ray White Launceston.

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Property History for 1 Picasso Pl, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$535,000
10 Feb 2023
Listed for Rent
$385/w
07 Jul 2020
  • 10 Feb 2023
    Sold for $535,000
  • 28 Nov 2022
    Listed for Sale $549,000
  • 09 Jun 2020
    Listed for Rent - Price not available
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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 2,972 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 4 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Newnham.

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