OFF MARKET

16 Egan Street
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 119m2
Land area: 672m2
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Property Details for 16 Egan St, Newnham

16 Egan St, Newnham is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1969. The property has a land size of 672m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
1969
Floor Size
119m2
Land Size
672m2
Local Government
Launceston
Lot/Plan
37/54596

Last Listing description (January 2021)

This delightful brick property, situated in the popular location of Newnham, would be great for someone looking to invest or looking for their first home.

Offering 3 bedrooms, updated bathroom, large kitchen and dining area. Furthermore the property offers a large fully fenced backyard, with established garden beds. Under the house there is a huge garage/workspace.
This property has a lot of potential for someone that has a keen eye for renovating.

Walking distance to Tas Tafe, UTAS campus and the Mowbray shopping precinct and only a 10 minute drive to the Launceston CBD.

Currently leased until August 2020 and generating $330 per week rent.

Don't miss out, arrange your private inspection today.

Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.

Property History for 16 Egan St, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$299,000
29 Jun 2020
Listed for Rent
$310/w
11 May 2017
  • 29 Jun 2020
    Sold for $299,000
  • 02 Jun 2020
    Listed for Sale $299,000
  • 10 Apr 2017
    Listed for Rent $310 / week
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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 21 properties listed for sale, and 8 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 114 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.