OFF MARKET

2 Swan Street
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 166m2
Land area: 669m2
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Property Details for 2 Swan St, Newnham

2 Swan St, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 669m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in August 2012.

Building Type
Unit
Year Built
1975
Floor Size
166m2
Land Size
669m2
Local Government
Launceston
Lot/Plan
1/59332

Last Listing description (August 2012)

Buy two together - priced to sell!
Available as a package sale are these two low maintance unit's with mirrored identical floor plans. Each with potential to be investment properties with a great return rate of over 7% or a perfect first home buy or even somewhere to downsize to. They are close to the University of Tasmania, Tafe, Schools and all local amenities.
Only a short 10 minutes drive to the CBD these properties are each 2 bedrooms with built in's, 1 bathroom, open plan lounge, dining, kitchen and separate laundry with external access.

Unit 1 has been updated with a tasteful modern kitchen and neutral colour schemes throughout. The kitchen & dining are open plan leading in the living area with a heat pump for heating.
Unit 2 features neutral colour scheme with gas heating. It is slightly dated needing an updated kitchen and bathroom but still very much a low maintance and tidily presented property to live in as it is.
Each unit has a single lock up garage and low maintance gardens & lawns.
Additional feature/s - Close to Schools.

Property History for 2 Swan St, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$150,000
28 Aug 2012
Listed for Rent
$190/w
08 Oct 2011
  • 28 Aug 2012
    Sold for $150,000
  • 31 Jul 2012
    Listed for Sale $299,000-$319,000
  • 31 Aug 2011
    Listed for Rent - Price not available
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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 2,975 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

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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.