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Sold on 10 Jul 2024 for $432,000

48 Crandon Crescent
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 119m2
Land area: 898m2
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Property Details for 48 Crandon Cres, Newnham

48 Crandon Cres, Newnham is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 898m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Floor Size
119m2
Land Size
898m2
Local Government
Launceston
Lot/Plan
73/62296

Last Listing description (July 2024)

This 3-bedroom home offers picturesque countryside views with city glimpses. Enjoy the warmth of wood heating or the convenience of electric, along with built-in wardrobes in each bedroom.

With a separate laundry, a 2-way bathroom, and a generous block, this family-friendly gem is perfect for starters or investors.

Located in a family friendly neighbourhood, it's just a short distance to schools, amenities, and a mere 15 minutes from the CBD.

• 3 bedrooms with built-in wardrobes
• Choice of wood or electric heating
• Separate laundry
• 2-way bathroom
• Generous 898 m2 block
• Family-friendly locale
• Ideal starter or investment opportunity
• Close to schools and amenities
• Only 15 minutes to the CBD

Council Rates approx $1600 p.a.
Water Rates approx $1200 p.a.

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Property History for 48 Crandon Cres, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$432,000
10 Jul 2024
  • 02 Jul 2024
    Sold for $432,000
  • 30 Apr 2024
    Listed for Sale Offers Over $439,000
  • 30 Nov 2020
    Sold for $305,000
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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 2,976 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.
There are currently 20 properties listed for sale, and 8 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Newnham.

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