SOLD
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Sold on 12 Aug 2024 for $374,000

35 Paringa Avenue
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 609m2
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Property Details for 35 Paringa Ave, Newnham

35 Paringa Ave, Newnham is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 609m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
106m2
Land Size
609m2
Local Government
Launceston
Lot/Plan
48/22122

Last Listing description (October 2024)

This brick home at 35 Paringa Ave in Newnham presents an excellent investment opportunity and a solid foundation for those looking to take on a renovation project. With three bedrooms and one bathroom, it offers a practical and comfortable living space and spacious kitchen plus a covered porch at the rear.

The level, low-maintenance block features a single garage and off-street parking. Additional conveniences includes a separate laundry.

Situated close to local shopping, Alanvale and UTAS, schools, and Mowbray Golf Course, this property is ideal for families, students, or professionals. Its short commute to the CBD adds to its appeal.

This property is a perfect choice for first home buyers looking to enter the market. Don't miss out on this great investment opportunity at 35 Paringa Ave.

"We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations to copy"

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Property History for 35 Paringa Ave, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$374,000
12 Aug 2024
Listed for Rent
$270/w
10 Nov 2017
  • 12 Aug 2024
    Sold for $374,000
  • 27 Jul 2024
    Listed for Sale Offers Over $349,000
  • 10 Jun 2021
    Sold for $240,000
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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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