2/104 Franmaree RoadNewnham TAS 7248
Property Details for 2/104 Franmaree Rd, Newnham
2/104 Franmaree Rd, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 191m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (April 2022)
Perfectly positioned for peace and privacy, this quality 2 bedroom unit offers the perfect opportunity for those seeking a solid low maintenance investment.
Built in 1992, this pleasant brick unit features a spacious sunny lounge with split system heating/cooling, built in robes in both double bedrooms, good size bathroom with separate toilet and a generous laundry. In addition is a single lock up garage and a secure, well fenced small yard offering just enough space to set up apart from other units on the rental market.
Offering a stable rental return of $270 per week with a great tenant in place with the current lease secured until June 2022. And why not, such a low maintenance pad within walking distance of public transport & schools, surrounded by quality new homes and just 10 minutes to the city centre.
2/104 Franmaree Rd at a glance:
2 bedroom brick unit
Built-in robes in both bedrooms
Fujitsu split system heating/cooling
Single lock up garage
Secure, private yard for kids and pets
Excellent investment proposition
Current leased at $270 per week until June 2022
Property History for 2/104 Franmaree Rd, Newnham, TAS 7248
- 14 Apr 2022Sold for $340,000
- 01 Dec 2021Listed for Sale Offers Over $295,000
- 03 Nov 2017Sold for $179,000
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0About 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.
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