OFF MARKET

3/72 Franmaree Road
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 258m2
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Property Details for 3/72 Franmaree Rd, Newnham

3/72 Franmaree Rd, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 258m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in March 2011.

Building Type
Unit
Year Built
1989
Floor Size
70m2
Land Size
258m2
Local Government
Launceston
Lot/Plan
3/56989

Last Listing description (March 2011)

Great Opportunity!
This low maintenance property with a private yard is a great opportunity for the downsizer, investor or 1st home buyer to secure a well maintained unit overlooking a reserve in a quiet street within walking distance of the Uni/AMC Campus and a short drive to the Mowbray Shopping Centre and the CBD. The unit has open plan living areas, 2 bedrooms, both with built-ins, bathroom with bath, separate toilet, and single carport.
Additional feature/s - Built-in Wardrobes.

Property History for 3/72 Franmaree Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$162,000
07 Mar 2011
  • 07 Mar 2011
    Sold for $162,000
  • 10 Jan 2011
    Listed for Sale OFFERS OVER $160,000
  • 26 May 1995
    Sold for $63,500
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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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