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Sold on 07 Dec 2024 - Price Unavailable

5 George Town Road
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 83m2
Land area: 658m2
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Property Details for 5 George Town Rd, Newnham

5 George Town Rd, Newnham is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1955. The property has a land size of 658m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Year Built
1955
Floor Size
83m2
Land Size
658m2
Local Government
Launceston
Lot/Plan
15/14394

Last Listing description (December 2024)

Located at 5 Georgetown Road in Newnham, this two-bedroom brick house offers a solid foundation for those looking to take on a renovation project. Set on a flat square 655 metre block, the property includes a standalone living area and a combined kitchen and dining space with external access.

The bathroom features a bath, vanity, and toilet, while the laundry also provides practical external access. Although the house spans 83 square metres and is in need of significant updates, it presents a unique opportunity for those willing to invest the effort.

The large rear block offers potential for development, subject to council approval. If you're ready to tackle a renovation and transform this property, 5 Georgetown Road could be your next project. Contact us today to explore the possibilities.

Disclaimer - We have endeavoured to ensure the information provided in this listing is accurate. Prospective purchasers are advised to carry out their own investigations.

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Property History for 5 George Town Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
07 Dec 2024
  • 07 Dec 2024
    Sold
  • 21 Aug 2024
    Listed for Sale Offers Over $299,000
  • 28 Jun 2017
    Listed for Sale Offers over $695,000
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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 2,987 properties. Over the last 5 years, Houses in Newnham have seen a 69.44% increase in median value, while Units have seen a 50.99% increase. As at 30 November 2024:

  • The median value for Houses in Newnham is $450,087 while the median value for Units is $352,906.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 20 properties listed for sale, and 6 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 115 properties were sold in the past 12 months in Newnham.

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