SOLD
Sold on 12 Jan 2024 for $590,000

43 Paringa Avenue
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 145m2
Land area: 594m2
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Property Details for 43 Paringa Ave, Newnham

43 Paringa Ave, Newnham is a 3 bedroom, 1 bathroom House and was built in 1972. The property has a land size of 594m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Year Built
1972
Floor Size
145m2
Land Size
594m2
Local Government
Launceston
Lot/Plan
52/22122

Last Listing description (November 2024)

This property is situated on a quiet street, located within walking distance to the University of Tasmania's Newnham Campus, minutes to the Mowbray Shopping Precinct and ten minutes to the Launceston CBD. This does only include the top floor of the property.

Property features;
Three generously sized bedrooms, each equipped with built in wardrobe

Spacious living room with heat pump
Central bathroom
Updated kitchen
Separate laundry
Small balcony
Garaging space, providing shelter for up to three vehicles, with additional parking available both at the rear
The entry is secured by an electric front gate and remote-controlled roller door
Garden shed

Disclaimer; This tenancy is the top level of the property. Both tenancies managed by Living Here.

To book an inspection for this property please click on 'email agent' to arrange. By registering, you will be INSTANTLY informed of any updates changes or cancellations for your appointment or alternatively call Living Here on 6332 3500 to organise an inspection.
To apply we would like you to view the property with a representative from Living Here so we can make sure the property suits your needs.

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Property History for 43 Paringa Ave, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$590,000
12 Jan 2024
  • 04 Nov 2024
    Listed for Rent $430 / week
  • 23 Jan 2024
    Listed for Rent $430 / week
  • 12 Jan 2024
    Sold for $590,000
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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 2,977 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 18 properties listed for sale, and 6 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Newnham.

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