SOLD
Sold on 17 Jan 2024 for $505,000

114 Franmaree Road
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 137m2
Land area: 646m2
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Property Details for 114 Franmaree Rd, Newnham

114 Franmaree Rd, Newnham is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2012. The property has a land size of 646m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Year Built
2012
Floor Size
137m2
Land Size
646m2
Local Government
Launceston
Lot/Plan
26/160349

Last Listing description (March 2024)

Still as completely inviting and enticing as when its high quality Hotondo construction was completed in 2012, this superior single level home enjoys a quiet, convenient corner allotment measuring some 645 sqm*.

The sunny rear aspect and extensive second frontage to Eastfield Drive complement a setting that's private and convenient putting shops, parkland reserves, community facilities and the UTAS Newnham campus all within easy reach.

The presence of a bus stop just a moment's walk away further enhances the exceptional amenity of an address featuring a floor-plan where some 135 sqm* of space offer ideal flexibility and a beautifully bright full-width living/dining area.

An open-plan kitchen accompanies the dimensions of the living domain that's kept constantly comfortable by an efficient heat pump and concludes with sliding glass to the established garden beyond.

Two principal bedrooms and the capacity of the central sitting room to be converted to a third bedroom if so desired add to the attraction of a design that includes an immaculate semi ensuite bathroom and a dedicated separate laundry.

Impeccably maintained proportions, a secure internally accessed garage and a flat, user-friendly block ensure instant and enduring success for first home buyers, downsizers or investors alike.

TasWater (Fixed Charges): $880* per year
Council Rates: $1,875* per year

(*approx.)

Property History for 114 Franmaree Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$505,000
17 Jan 2024
  • 17 Jan 2024
    Sold for $505,000
  • 09 Jan 2024
    Listed for Sale $499,000 - $549,000
  • 24 Feb 2011
    Sold for $100,000

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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 2,975 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.