48 Tompsons LaneNewnham TAS 7248
Property Details for 48 Tompsons Lane, Newnham
48 Tompsons Lane, Newnham is a 3 bedroom, 1 bathroom House and was built in 1961. The property has a land size of 660m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (August 2024)
Strategically positioned near Mowbray's bustling shopping district and just a brief 8-minute drive to the heart of Launceston CBD, this family residence presents an exceptional opportunity for first home buyers and investors.
This home basks in abundant sunlight throughout the day, showcasing numerous original features that add character. The three generously sized bedrooms come equipped with built-in robes, providing ample storage space. The expansive kitchen and dining area complement the open lounge, which is well-appointed with ample heating.
Ideal for a family, the bathroom features a bath, shower, and a separate toilet. The property accommodates two cars effortlessly, with a single garage and additional space in front for another vehicle. The generously sized yard enhances the property's appeal, while the front veranda provides a charming space to soak up the sun.
This property not only offers a comfortable and inviting family home but also presents a remarkable investment opportunity or a perfect choice for those seeking their first home, with an existing lease in place until October, featuring excellent tenants, making it an ideal opportunity for investors.
Property History for 48 Tompsons Lane, Newnham, TAS 7248
- 16 May 2024Listed for Sale $395,000-$425,000
- 18 Oct 2022Listed for Rent $380 / week
- 26 Aug 2022Listed for Rent $380 / week
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0About 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.
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