9 Ronneby Rd, Newnham is a 3 bedroom, 1 bathroom House with 5 parking spaces and was built in 1963. The property has a land size of 627m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
A perfect opportunity to jump into the investment market, this three bedroom home has tenants currently in place and is in a great spot - close to the University and TasTafe. Solid timber flooring throughout, the home has plenty of storage and low maintenance gardens plus excellent outdoor sheds and carports. With plenty of potential for a soft refurb to increase the rental capacity, is the perfect entry level investment.
Main Features:
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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