OFF MARKET

3/31 George Town Road
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 332m2
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Property Details for 3/31 George Town Rd, Newnham

3/31 George Town Rd, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 332m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1983
Floor Size
76m2
Land Size
332m2
Local Government
Launceston
Lot/Plan
3/57867

Last Listing description (December 2020)

If you are thinking of expanding your investment portfolio or buying an entry level property then this could be perfect for you. Positioned only 5 minutes from the CBD, close to the University of Tasmania and the Australian Maritime College plus shopping centres, public transport and schools. A solid brick property with plenty of off street parking plus a single lock up garage and private fenced garden. Two excellent sized bedrooms, open plan living and reverse cycle air conditioning. Currently tenanted and returning $200 per week. Inspections by appointment only.**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 3/31 George Town Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$210,000
21 Oct 2020
  • 21 Oct 2020
    Sold for $210,000
  • 06 Jul 2020
    Listed for Sale Best offer over $215,000
  • 23 Dec 2003
    Sold for $116,000
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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 2,976 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 20 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.