OFF MARKET

3/4 Patricia Place
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 247m2
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Property Details for 3/4 Patricia Pl, Newnham

3/4 Patricia Pl, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 247m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
Unit
Year Built
1991
Floor Size
72m2
Land Size
247m2
Local Government
Launceston
Lot/Plan
3/56170

Last Listing description (March 2018)

Are you not happy with the return that you are getting from your investments or superannuation??? Then look no further... this fantastic unit is currently returning over 7%!
Featuring 2 bedrooms both with built in robes, open plan kitchen/dining/lounge with a recently installed Hitachi heat pump, small but ample courtyard with own garden shed and off-street parking for one car.
Close to the university, Maritime College and the Mowbray shopping district this property has always been easy to rent.

Property History for 3/4 Patricia Pl, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$165,000
25 Jan 2018
Listed for Rent
$230/w
08 Jun 2017
  • 25 Jan 2018
    Sold for $165,000
  • 13 Nov 2017
    Listed for Sale Best Offer Over $159,000
  • 01 Jun 2017
    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 2,988 properties. Over the last 5 years, Houses in Newnham have seen a 74.55% increase in median value, while Units have seen a 44.61% increase. As at 31 August 2024:

  • The median value for Houses in Newnham is $462,555 while the median value for Units is $325,155.
  • Houses have a median rent of $470 while Units have a median rent of $370.
There are currently 19 properties listed for sale, and 4 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Newnham.

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