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.
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.
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:
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