4/6-8 Norman CourtNewnham TAS 7248
Property Details for 4/6-8 Norman Ct, Newnham
4/6-8 Norman Ct, Newnham is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1991. The property has a land size of 269m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (November 2023)
An excellent market entry or a shrewd investment opportunity, this property resides within a cluster of four independent units, each with its own standalone configuration, accompanied by an adjoining carport.
Enter through the sheltered porch, where an ample linen closet stands ready for storage needs. The living room seamlessly connects to the low-maintenance outdoor area, complete with a garden shed and a paved space.
The practical kitchen boasts garden views and ample storage capacity. The open-concept living and dining zone enjoys an influx of natural light.
Both bedrooms offer built-in storage. The central bathroom is of good size, featuring a shower-bath, the bathroom also serves as a laundry area.
Prominent features of this property include:
- low-maintenance, easy-care gardens
- brand new floor coverings & hot water cylinder
- meters away from the Mowbray Golf Course
- rental estimate: $350 per week
- solar hot water system
This property has been tenanted by the same tenant for 7 years, the current lease expires in September, 2023. Conveniently positioned within walking distance to both the Mowbray Marketplace and UTAS Newnham Campus, and merely a 10-minute drive to the Launceston CBD.
Property History for 4/6-8 Norman Ct, Newnham, TAS 7248
- 03 Oct 2023Sold for $315,000
- 15 Aug 2023Listed for Sale Offers over $299,000
- 16 Aug 2016Listed 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.
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