OFF MARKET

2/8 Penicola Place
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 291m2
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Property Details for 2/8 Penicola Pl, Newnham

2/8 Penicola Pl, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2020. The property has a land size of 291m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
2020
Floor Size
98m2
Land Size
291m2
Local Government
Launceston
Lot/Plan
2/178645

Last Listing description (May 2020)

8-10 Pennicola Place offers 3 alternate floor plans . All units have been positioned to collect sunlight from morning to late afternoon and all have their own private yards. These units offer built in wardrobes in all bedrooms, perfectly laid out kitchen equipped with quality fittings and ample cupboard and drawer space perfect for the home chef . The open plan design creates a roomy flowing feel , generally hard to find in modern units, resulting in low tenancy turnover or simply a great place to call home for years to come.

Property History for 2/8 Penicola Pl, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$322,000
02 Dec 2019
  • 07 Apr 2020
    Listed for Sale Sold
  • 02 Dec 2019
    Sold for $322,000

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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 2,988 properties. Over the last 5 years, Houses in Newnham have seen a 74.55% increase in median value, while Units have seen a 44.61% increase. As at 31 August 2024:

  • The median value for Houses in Newnham is $462,555 while the median value for Units is $325,155.
  • Houses have a median rent of $470 while Units have a median rent of $370.
There are currently 19 properties listed for sale, and 4 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 121 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.