OFF MARKET

3/8 Penicola Place
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 314m2
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Property Details for 3/8 Penicola Pl, Newnham

3/8 Penicola Pl, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 314m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
2019
Floor Size
96m2
Land Size
314m2
Local Government
Launceston
Lot/Plan
3/178645

Last Listing description (May 2021)

8-10 Penicola Place offers 3 alternate floor plans. All units have been positioned to collect sunlight from morning to late afternoon and all have their own private yards. These units offer built in wardrobes in all bedrooms, perfectly laid out kitchen equipped with quality fittings and ample cupboard and drawer space perfect for the home chef. The open plan design creates a roomy flowing feel, generally hard to find in modern units, resulting in low tenancy turnover or simply a great place to call home for years to come.
Each unit has Parking by way of single car garage which has internal access and a huge benefit on those rainy days. There is also ample parking for the second car or visitors.

Whether you are looking to downsize, attracted to the thought of a quality built, modern, maintenance free lifestyle or purchase in a popular high yielding investment area, you will be delighted with what is on offer in this quiet and secure cul de sac 8 – 10 Penicola Place.
To find out more or book your inspection, contact us today!

Property History for 3/8 Penicola Pl, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$322,000
20 Dec 2019
  • 20 Dec 2019
    Sold for $322,000
  • 12 Nov 2019
    Listed for Sale Sold

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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 2,975 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.
There are currently 21 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.