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.
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.
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 2,975 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:
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