OFF MARKET

2/1-3 Norman Court
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 158m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 4 Nov 2024
Low
High
Share
Save

Property Details for 2/1-3 Norman Ct, Newnham

2/1-3 Norman Ct, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 158m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
Unit
Year Built
1992
Floor Size
73m2
Land Size
158m2
Local Government
Launceston
Lot/Plan
2/56083

Last Listing description (June 2017)

A great opportunity to invest in this 2 bedroom unit, perfectly positioned close to Mowbray Market Place, public transport and schools. Currently returning $220 per week rent with tenants in place until January 2018, this will attract investors looking for a 7% + gross return.
Please contact me directly to organise an inspection

Property History for 2/1-3 Norman Ct, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$148,000
20 Apr 2017
Listed for Rent
$220/w
12 Jan 2017
  • 20 Apr 2017
    Sold for $148,000
  • 20 Dec 2016
    Listed for Sale Neg. Over $155,000
  • 12 Dec 2016
    Listed for Rent $220 / week
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 2,977 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 18 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.

Newnham Profile Page

Suburb Insights for Newnham 7248

Visit Newnham profile page
Market Insights
Newnham Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Newnham Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Newnham profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED