SOLD
Sold on 19 Dec 2023 for $500,000

11 Mount Stuart Drive
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 728m2
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Key 2 Property
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Property Details for 11 Mount Stuart Dr, Newnham

11 Mount Stuart Dr, Newnham is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1981. The property has a land size of 728m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Year Built
1981
Floor Size
112m2
Land Size
728m2
Local Government
Launceston
Lot/Plan
92/11944

Last Listing description (January 2024)

Introducing 11 Mount Stuart Drive, Newnham, a charming and well-presented family home situated in the highly sought-after suburb of Newnham. This delightful property is the ideal opportunity for first home buyers, growing families, or savvy investors looking for a solid addition to their portfolio.

Boasting 3 good sized bedrooms, all with built-in wardrobes, this home offers plenty of space for everyone. The heart of the home features a large and inviting lounge, perfect for relaxing evenings in. The open plan kitchen and dining area provides space for entertaining guests, while the recently renovated bathroom adds a touch of modern sophistication.

Stay comfortable all year round with the near-new Panasonic split system reverse cycle, ensuring a pleasant environment for your family. The convenience of a single garage with remote entry and internal access allows for easy and secure vehicle storage.

Step outside into the well-maintained backyard, a fantastic space for children to play and adults to unwind. The flat and fully fenced yard is complemented by established gardens, a garden shed for additional storage, and an entertaining area to enjoy those warm summer evenings.

With a generous land size of 728 square metres, there is plenty of scope for future improvements or potential extensions to add value to the property.

Price, position and presentation - 11 Mount Stuart Drive truly offers it all. Don't miss out on this exceptional opportunity to secure a fantastic home in a prime location. Contact us today to book your inspection and experience the warmth and charm of this lovely home for yourself.

Council rates: $417per quarter approx.
Land size: 728m2 approx.
Building size: 112m2 approx.
Year built: 1981
Rental Estimate: $450-$480 per week

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.

Property History for 11 Mount Stuart Dr, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$500,000
19 Dec 2023
Listed for Rent
$290/w
13 Aug 2018
  • 19 Dec 2023
    Sold for $500,000
  • 12 Dec 2023
    Listed for Sale $449,000 - $499,000
  • 25 Jun 2021
    Listed for Sale Sold
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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.