OFF MARKET

29 Paringa Avenue
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 612m2
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Property Details for 29 Paringa Ave, Newnham

29 Paringa Ave, Newnham is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1968. The property has a land size of 612m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1968
Floor Size
96m2
Land Size
612m2
Local Government
Launceston
Lot/Plan
45/21141

Last Listing description (January 2023)

This 3 bedroom 1968 solid brick home offers an excellent opportunity for first home buyers and investors alike! Timber floorboards throughout, a good sized enclosed back yard, updated kitchen with 5 burner gas cooktop and dual heating options with both a wood heater and Reverse Cycle Air-conditioner and added bonus of a heat transfer system, perfect for year round comfort. A convenient location in Newnham, close to local shops and the University of Tasmania and Australian Maritime College. This really is a great opportunity not to be missed!

• Polished timbers floorboards throughout
• Built-in robe in the main bedroom

• Lounge with Reverse cycle air-conditioning & wood heater
• Heat transfer system to bedrooms from living area
• Modern kitchen with large gas 5 burner cooktop & ample cupboard space
• Separate toilet & laundry
• Single garage for parking and storage
• Located close to schools, shops and all conveniences
• Tenanted until 11/3/2023

Council rates: $390 p/q approx.
Water rates: $270 p/q approx.
Building size: 96m2 approx.
Land size: 612m2 approx.
Year built: 1968

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 29 Paringa Ave, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$420,000
16 Jan 2023
Listed for Rent
$280/w
06 Mar 2013
  • 16 Jan 2023
    Sold for $420,000
  • 28 Nov 2022
    Listed for Sale Offers Over $435,000
  • 16 Feb 2013
    Listed for Rent $280 / week
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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.