SOLD
Sold on 12 Mar 2024 for $550,000

2/40 Packham Street
Newnham TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 177m2
Land area: 641m2
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Property Details for 2/40 Packham St, Newnham

2/40 Packham St, Newnham is a bedroom, bathroom Unit and was built in 2015. The property has a land size of 641m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other bedroom Unit sold in Newnham in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
177m2
Land Size
641m2
Local Government
Launceston
Lot/Plan
2/170781

Property History for 2/40 Packham St, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$550,000
12 Mar 2024
  • 12 Mar 2024
    Sold for $550,000

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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 2,976 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 20 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.