SOLD
Sold on 27 May 2024 for $250,000

4/14-16 Parklands Parade
Newnham TAS 7248

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 102m2
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Property Details for 4/14-16 Parklands Pde, Newnham

4/14-16 Parklands Pde, Newnham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 102m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Newnham in the last 12 months.

Building Type
Unit
Year Built
1981
Floor Size
58m2
Land Size
102m2
Local Government
Launceston
Lot/Plan
4/56933

Last Listing description (August 2024)

Backing onto the Mowbray Golf Course this 1 bedroom unit represents fabulous buying in the current market for an owner occupier or a savvy investor to start, or add to their port folio.
The unit consists of a large open plan lounge/dining area which adjoins the kitchen. The kitchen provides ample bench and cupboard space along with an electric stove. The bedroom is also generous in size and has the convenience of built-in wardrobes. The combined bathroom/laundry consists of a shower, vanity and laundry tub and also provides access to a separate toilet.
Externally, the unit has a rear courtyard and single carport.

The nitty gritty details
Property is now vacant - rental estimate $310 per week
Launceston Council rates $1169 per annum
TasWater rates $1400 per annum
Share of strata insurance approx. $450 per annum (covers building & public liability)
Maintenance (gardening) of common ground approx. $160 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 4/14-16 Parklands Pde, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$250,000
27 May 2024
Listed for Rent
$310/w
08 Apr 2024
  • 27 May 2024
    Sold for $250,000
  • 02 Apr 2024
    Listed for Rent $310 / week
  • 30 Nov 2023
    Listed for Sale Offers Over $245,000
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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 2,977 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 18 properties listed for sale, and 6 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 109 properties were sold in the past 12 months in Newnham.

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