OFF MARKET

42 Paringa Avenue
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 614m2
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Last updated 16 Sep 2024
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Property Details for 42 Paringa Ave, Newnham

42 Paringa Ave, Newnham is a 2 bedroom, 1 bathroom House. The property has a land size of 614m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Land Size
614m2
Local Government
Launceston
Lot/Plan
116/22122

Last Listing description (March 2023)

The home is situated on a nice size block and offers two-bedrooms, sunny rumpus room, formal lounge, compact size kitchen, and bathroom with a bath and separate toilet. The house has a single garage and storage under the home and there is plenty of off street parking, and there is also a separate additional garage/workshop/storage space.

The beauty of this home is its location, just a short walk to the University of Tasmania Mowbray campus and moments to the Mowbray shopping hub.

Lawn mowing included in lease - tenant responsible for gardens

Strictly no pet

Please submit an application prior to viewing.

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Property History for 42 Paringa Ave, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$460,000
22 Jul 2022
Listed for Rent
$420/w
06 Mar 2023
  • 06 Mar 2023
    Listed for Rent $420 / week
  • 02 Feb 2023
    Listed for Rent $420 / week
  • 22 Jul 2022
    Sold for $460,000

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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 2,988 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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