2/71 Franmaree RoadNewnham TAS 7248
Property Details for 2/71 Franmaree Rd, Newnham
2/71 Franmaree Rd, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 255m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in December 2018.
Last Listing description (February 2019)
This neat brick home is the rear unit of only two on the block and would make the perfect investment or an easy downsizer. It also offers:
* A great investment opportunity with 6.8% yield potential
* Two bedrooms with built in wardrobes
* Bathroom with a separate toilet
* Rear unit without any passing traffic
* Convenience of air conditioning
* Closed in carport with a storage unit & an extra off street parking space
* Sealed driveway and low maintenance flat yard
* Close to University of Tas, Maritime College, Tafe College, shops & supermarkets
Click on the 'External Link' below for the virtual furnishing floorplan and video tour. Contact Jeremy Wilkinson for your inspection.
Rental Estimate: $235 - $255pw
Unit size: 65m
Land size: 255m
Built: 1977
Rates: $1076
Council Zoning: 10.0 General Residential
Council: Launceston City
Heritage listed: No
*All measurements are approximate
Property History for 2/71 Franmaree Rd, Newnham, TAS 7248
- 27 Dec 2018Sold for $195,000
- 18 Dec 2018Listed for Sale Best offer over $195,000
- 23 Oct 2017Listed for Rent - Price not available
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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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