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Sold on 28 Mar 2024 for $550,000

40 Packham Street
Newnham TAS 7248

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 176m2
Land area: 1336m2
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Property Details for 40 Packham St, Newnham

40 Packham St, Newnham is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 1336m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Year Built
2015
Floor Size
176m2
Land Size
1336m2
Local Government
Launceston
Lot/Plan
1/170781

Last Listing description (March 2024)

Built in 2015, this spacious 4 bedroom home is a perfect property for those wanting a spacious home but without the maintenance! Modern in its design with generous sized light filled rooms, open plan living and neutral colour scheme, this could be a great opportunity to downsize without compromise or with tenants currently in place, a fabulous investment opportunity where you can set and forget. Privately positioned at the rear of the flat block in a quiet street and conveniently located close to Australian Maritime College, TAFE and University of Tasmania Newnham Campus.
Features include:
• Attractive four-bedroom, two-bathroom home in a peaceful, quiet location

• Modern design and style with spacious, open plan living and excellent natural light
• Impressive kitchen with quality modern appliances, ample cabinetry and a large bench
• Four generous bedrooms all with built in robes including a large main with ensuite
• Stylish main bathroom with separate bath and shower
• Secure garage with remote and internal access, plus additional off-street parking
• Large 3 bay shed with toilet and wood heater
• Excellent secure back yard for the ultimate gardener, raised garden beds and all sorts of fruit trees
• A reverse cycle air conditioner (heat pump) for all year round comfort
• Double glazed windows
Council rates: $ p/q approx.
Water rates: $280 p/q approx.
Building size: 219m2 approx.
Land size: 641m2 approx.
Rental Estimate: Currently tenanted at $510pw

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 40 Packham St, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$550,000
28 Mar 2024
Listed for Rent
$480/w
21 Jul 2020
  • 28 Mar 2024
    Sold for $550,000
  • 18 Sep 2023
    Listed for Sale Not Disclosed
  • 10 Jul 2020
    Listed for Rent $480 / 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 2,988 properties. Over the last 5 years, Houses in Newnham have seen a 74.55% increase in median value, while Units have seen a 44.61% increase. As at 31 August 2024:

  • The median value for Houses in Newnham is $462,555 while the median value for Units is $325,155.
  • Houses have a median rent of $470 while Units have a median rent of $370.
There are currently 19 properties listed for sale, and 4 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Newnham.

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