3/4 Parklands ParadeNewnham TAS 7248
Property Details for 3/4 Parklands Pde, Newnham
3/4 Parklands Pde, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 208m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
Last Listing description (December 2018)
This neat as a pin unit is situated on a flat block very close to the University and walking distance to shops, making it a high demand area for rentals. This unit is currently receiving $210 per week in rent, however it's identical neighbour is achieving $230 per week ensuring the possibility of increased rental return. This, along with the low maintenance costs of the brick and tile unit and the absence of body corporate fees, provides the perfect investment opportunity.
Property History for 3/4 Parklands Pde, Newnham, TAS 7248
- 29 Aug 2018Sold for $170,500
- 02 Aug 2018Listed for Sale Offers Above $175,000
- 28 Mar 2015Listed for Sale $155,000
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0About 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.
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