SOLD
Sold on 11 Feb 2024 for $530,000

85 Franmaree Road
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 137m2
Land area: 571m2
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Property Details for 85 Franmaree Rd, Newnham

85 Franmaree Rd, Newnham is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1993. The property has a land size of 571m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Year Built
1993
Floor Size
137m2
Land Size
571m2
Local Government
Launceston
Lot/Plan
58/46065

Last Listing description (November 2018)

If you are looking for a low maintenance home in an excellent position in immaculate condition - then this is it!
Set on a flat block with an adorable patio area and fully fenced back yard - this home has a lot to offer the astute buyer including:
Sunny and light

Large and spacious living area
Sliding glass door on to patio from living area
Three great sized bedrooms with built ins
Two way bathroom - acts as ensuite
Spacious bathroom with separate toilet
Neatly manicured gardens
Close to university, TAFE, Schools, public transport, shops and services
Contact us today to organise your inspection or attend one of our open homes!
Built: 1992
Municipality: Launceston

Water Rates: 800pa approx
Rates: $1,451.00pa approx
Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 85 Franmaree Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$530,000
11 Feb 2024
  • 11 Feb 2024
    Sold for $530,000
  • 01 Oct 2018
    Sold for $312,000
  • 18 Sep 2018
    Listed for Sale $295,000-$325,000
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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.