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Sold on 19 Nov 2024 for $332,000

4/104 Franmaree Road
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 231m2
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Property Details for 4/104 Franmaree Rd, Newnham

4/104 Franmaree Rd, Newnham is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1992. The property has a land size of 231m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Year Built
1992
Floor Size
72m2
Land Size
231m2
Local Government
Launceston
Lot/Plan
4/101088

Last Listing description (November 2024)

Built in 1992, here is an excellent opportunity to purchase a low maintenance 2 bedroom villa unit, located privately down an internal driveway in popular Newnham. If you are looking to buy an investment, downsize or purchase your first home, be sure to act quick with this one!
Features include:
Brand new carpet & freshly painted internal walls

Living area with archway to the kitchen
2 good sized bedrooms both with built in robes
Lovely kitchen with ample cupboard & bench space
Bathroom with shower & separate bath
Separate toilet & laundry
Northerly aspect for all day sun
Single lock up garage
Small fully fenced backyard great for pets or children to play
Privately positioned at the end of an internal driveway approx 3km to University of Tasmania, Australian Maritime College and Mowbray shopping precinct and 10 minute drive to CBD.

Council rates: $400 p/q approx.
Water rates: $300 p/q approx.
Building size: 72m2 approx.
Land size: 231m2 approx.
Rental Estimate: $360-$380 per week approx.

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 4/104 Franmaree Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$332,000
19 Nov 2024
  • 19 Nov 2024
    Sold for $332,000
  • 28 Oct 2024
    Listed for Sale $339,000
  • 04 Nov 2005
    Sold for $150,500
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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 2,976 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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