SOLD
RECENT ADVICE
Sold on 24 Sep 2024 for $385,000

1 Sayer Street
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 598m2
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Property Details for 1 Sayer St, Newnham

1 Sayer St, Newnham is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1957. The property has a land size of 598m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Year Built
1957
Floor Size
94m2
Land Size
598m2
Local Government
Launceston
Lot/Plan
93/59581

Last Listing description (October 2024)

Situated on a quiet street, 1 Sayer Street presents a fantastic opportunity for first-time buyers or investors looking to expand their portfolio. Set on a generous corner block with well maintained gardens, this property has been cherished by its current owner for over forty years.

Featuring three generously sized bedrooms, a spacious living area, and a functional kitchen, this property offers plenty of potential for cosmetic renovations and alterations. Despite its potential for updates, it has been well maintained by the current owner.

The separate laundry provides access to the gardens, and a conveniently located separate toilet adds extra functionality. The centrally located bathroom features a walk-in shower.

Outside, the property offers plenty of storage with a 6.5x4.0m garage and an additional garden shed. The well-maintained gardens are enclosed by nearly new Colorbond fencing. For year-round comfort, the home is equipped with both a reverse cycle system and a wood heater.

This cosy home is the ideal choice for the astute buyer looking to add value through cosmetic renovations! Conveniently located within walking distance to both primary and secondary schools, within close proximity to the Mowbray Shopping Precinct and just 10 minutes drive to the Launceston CBD. Contact Lochie today to register your interest.

Property History for 1 Sayer St, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$385,000
24 Sep 2024
  • 24 Sep 2024
    Sold for $385,000
  • 11 Sep 2024
    Listed for Sale Offers Over $375,000

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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 2,976 properties. Over the last 5 years, Houses in Newnham have seen a 72.34% increase in median value, while Units have seen a 42.99% increase. As at 30 September 2024:

  • The median value for Houses in Newnham is $450,826 while the median value for Units is $321,952.
  • Houses have a median rent of $475 while Units have a median rent of $370.
There are currently 19 properties listed for sale, and 6 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 109 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.