SOLD
Sold on 10 Nov 2023 for $430,000

43 Franmaree Road
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 104m2
Land area: 677m2
Sold By
Ananda & Kate
Key2 Property
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Property Details for 43 Franmaree Rd, Newnham

43 Franmaree Rd, Newnham is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1973. The property has a land size of 677m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Year Built
1973
Floor Size
104m2
Land Size
677m2
Local Government
Launceston
Lot/Plan
47/60606

Last Listing description (November 2023)

A comfortable three-bedroom house nestled in the suburb of Newnham. This property offers a practical choice for investors, families, and first-time homebuyers.

Step inside and be welcomed by the warmth and homeliness this lovely abode offers. Boasting floorboards throughout the living areas, and carpeting in the bedrooms, it exudes an inviting atmosphere perfect for creating lasting memories. The backyard is spacious, complete with a covered hut, providing room for family gatherings, barbecues, or simple outdoor relaxation with friends.

One of the bedrooms features a built-in wardrobe, offering practical storage solutions, while large windows at the front of the house invite an abundance of natural light to flood through the home. The bathroom ensures day-to-day living is hassle-free.

This house is conveniently located near TAFE, UTAS, and East Tamar Primary School. It also comes with a lockup garage roller door that fits a car inside, adding an extra layer of convenience and security. There is parking space for 2 cars in the driveway, and the fenced back yard ensures it is safe for children to play.

With an incredible location and cosy feel, it is a true gem that should not be overlooked.

Land size: 675m2 approx.
Building size: 104m2 approx.
Year built: 1973
Rental estimate: $400 -$420 per week

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 43 Franmaree Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$430,000
10 Nov 2023
Listed for Rent
$320/w
09 Oct 2020
  • 10 Nov 2023
    Sold for $430,000
  • 19 Sep 2023
    Listed for Sale $425,000
  • 24 Sep 2020
    Listed for Rent $320 / 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.

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.