OFF MARKET

4/23 Hortus Place
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 271m2
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Property Details for 4/23 Hortus Pl, Newnham

4/23 Hortus Pl, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 271m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2017
Floor Size
91m2
Land Size
271m2
Local Government
Launceston
Lot/Plan
4/171676

Last Listing description (March 2022)

Built in 2017, here is an excellent opportunity to purchase a modern, low maintenance 2-bedroom villa unit located approximately 1km from the Australian Maritime College & University of Tasmania in a quiet, no through street 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:
Open plan living area with Reverse Cycle Air conditioning for all year-round comfort

2 good sized bedrooms both with built in robes
Lovely modern kitchen with dishwasher
Bathroom with large walk-in shower
Separate toilet
Sliding glass doors from living area to outdoor entertainment courtyard
Northerly aspect for all day sun
Garden shed
Single garage with internal access
Quietly positioned at the end of the villa complex approx. 1km from University of Tasmania, Australian Maritime College and Mowbray shopping precinct and less than 5km to CBD.

Council rates: $400 per quarter
Water rates: $275 per quarter
Building size: 91m2 approx.
Land size: 271m2 approx.
Rental Estimate: Currently tenanted, receiving $400pw
Year Built: 2017

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.

Property History for 4/23 Hortus Pl, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$425,000
10 Feb 2022
Listed for Rent
$400/w
02 Sep 2021
  • 10 Feb 2022
    Sold for $425,000
  • 31 Jan 2022
    Listed for Sale Best Offer Over $349,000
  • 24 Aug 2021
    Listed for Rent $400 / week
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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.