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Sold on 18 Sep 2024 for $400,000

3 Ryan Court
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 97m2
Land area: 700m2
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Property Details for 3 Ryan Ct, Newnham

3 Ryan Ct, Newnham is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 700m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Floor Size
97m2
Land Size
700m2
Local Government
Launceston
Lot/Plan
9/13918

Last Listing description (September 2024)

This neat brick home in a quiet cul-de-sac offers a great opportunity for home owners and investors alike! Currently leased until, there is room for rental improvement or even vacant possession.

Offering 3 bedrooms with built in robes, functional bathroom with separate toilet, large lounge room with split system heating and cooling, eat in kitchen and an internal laundry with storage. Outside the rear yard is currently low maintenance with plenty of space for kids or pets to stretch their legs and the side drive offers plenty of off street parking.

Located in the heart of Newnham, close to East Tamar Primary School, Inveresk TasTAFE campus and Maritime College, and only minutes to the Mowbray shopping precinct, UTAS and Launceston CBD.

3 Ryan Court at a glance:
• Neat and tidy 3 bedroom brick home
• Central bathroom with separate toilet
• 700sqm low maintenance block
• Excellent investment opportunity
• Current tenant in place until October 2024
• Walking distance to schools, shops and transport

Additional Information:
• Land: 700sqm
• House: 97sqm
• Year Built: 1985
• Municipality: Launceston City Council
• Rates: Approx $1,800 per annum
• Water: Approx $1,000 per annum

"Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Please note, photos are indicative of the property only."

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Property History for 3 Ryan Ct, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$400,000
18 Sep 2024
Listed for Rent
$260/w
28 Sep 2018
  • 18 Sep 2024
    Sold for $400,000
  • 05 Aug 2024
    Listed for Sale Offers Over $415,000
  • 25 Sep 2018
    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 2,976 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:

  • 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 20 properties listed for sale, and 8 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Newnham.

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Contact agent
Jess Christmas and Michael Walsh
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Roberts Real Estate Launceston
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