OFF MARKET

74 George Town Road
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 150m2
Land area: 1232m2
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Property Details for 74 George Town Rd, Newnham

74 George Town Rd, Newnham is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1954. The property has a land size of 1232m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1954
Floor Size
150m2
Land Size
1232m2
Local Government
Launceston
Lot/Plan
1/78656

Last Listing description (July 2023)

Offered for sale for the first time since built, is this large property situated on almost a quarter acre of land. Located just ten minutes from Launceston's CBD and walking distance to UTAS Newnham Campus.

This home is very grand in size, with huge living spaces and very generously proportioned bedrooms. The property has plenty of gorgeous original features, with stunning Art Deco style cornices and ceiling roses throughout. There is also a large two-bay garage in the garden, which is perfect for your projects.

This home will only need a little work and your vision to make it a modern stately home.

The property is zoned general residential , so could also be developed (S.T.C.A).

*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.

Boundary lines are indicative only.

Property History for 74 George Town Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$490,000
08 Mar 2023
  • 08 Mar 2023
    Sold for $490,000
  • 10 Feb 2023
    Listed for Sale Offers Above $550,000

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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 2,977 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 18 properties listed for sale, and 6 properties listed for rent in Newnham on OnTheHouse. According to CoreLogic's data, 109 properties were sold in the past 12 months in Newnham.

Suburb Insights for Newnham 7248

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.