OFF MARKET

5 Parua Road
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 128m2
Land area: 594m2
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Last updated 16 Sep 2024
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Property Details for 5 Parua Rd, Newnham

5 Parua Rd, Newnham is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1961. The property has a land size of 594m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
House
Year Built
1961
Floor Size
128m2
Land Size
594m2
Local Government
Launceston
Lot/Plan
4/11562

Last Listing description (March 2015)

Calling all first home buyers & investors!
Welcome to 5 Parua Road, Newnham. With three bedrooms, this sturdy brick home is sure to attract the attention of first home buyers and investors alike. The kitchen and dining space have been updated, and the large living area is kept warm and cosy in Winter by the wood heater. The property has recently been replumbed and rewired. The main bedroom has a large walk in robe, and the other bedrooms have good sized built in robes. There is secure, lock up parking. The property has shown excellent rental returns previously and the home is close to UTAS and AMC, as well as being close to shops, schools and all amenities. For your private inspection, call Madeleine Knee at Ray White Central Launceston, today.

Property History for 5 Parua Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$185,000
02 Mar 2015
Listed for Rent
$280/w
29 Jun 2011
  • 02 Mar 2015
    Sold for $185,000
  • 26 Mar 2014
    Listed for Sale $195,000-$215,000
  • 29 Jun 2011
    Listed for Rent - Price not available
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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.

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