OFF MARKET

2 Paringa Avenue
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 544m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 2 Paringa Ave, Newnham

2 Paringa Ave, Newnham is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1961. The property has a land size of 544m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1961
Floor Size
96m2
Land Size
544m2
Local Government
Launceston
Lot/Plan
428/20800

Last Listing description (August 2023)

Ideally located within walking distance of the University of Tasmania and Australian Maritime College, and close to schools, shops and services, is this attractive 1961 built Newnham home. With an elevated position, this solid 3 bedroom house has a great outlook, secure enclosed yard and modern feel with updated kitchen, polished boards and providing comfort all year round with 2 x reverse cycle air conditioners and wood heater.
• Attractive home in a convenient location
• Generous, sunny rooms

• Good size bedrooms – 2 with built in robes
• Spacious living area with a sunny outlook
• Reverse cycle air-conditioning & wood heater
• Modern kitchen with quality appliances
• Separate toilet & laundry
• Remote controlled single garage and workshop
• Elevated position to maximise natural light and views
• NBN and Alarm system
• Located close to schools, shops and all conveniences

Council rates: $415p/q approx.
Water rates: $280 p/q approx.
Building size: 95m2 approx.
Land size: 544m2 approx.
Year built: 1961
Rental estimate: Currently rented at $420pw till mid February 2024.

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 2 Paringa Ave, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$460,000
31 Jul 2023
Listed for Rent
$410/w
28 Jan 2022
  • 31 Jul 2023
    Sold for $460,000
  • 27 Jun 2023
    Listed for Sale Not Disclosed
  • 17 Jan 2022
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 2,975 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.
There are currently 21 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

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
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.