97 George Town RoadNewnham TAS 7248
Property Details for 97 George Town Rd, Newnham
97 George Town Rd, Newnham is a 3 bedroom, 2 bathroom House with 6 parking spaces and was built in 1948. The property has a land size of 1194m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in February 2009.
Last Listing description (August 2024)
-This property would suit the savvy investor. With three rentable properties on the same title with returns of over 8% this is a no brainer.
- 97 Georgetown Road is situated on a large block of 1,194 metres square.
- Sharing the one title the property has 3 separate buildings which are rented independently.
-The first property is a shop front which has a three-year lease on it expiring in April 2026
-The neat and tidy three Bedroom House, which has recently had the external weather boards repainted is tenanted until November 2024.
-The workshop which has a floor space of approximately 180 metres square floor space and is rented until May 2026
-This property is located on a main road within a few metres of public transport, walking distance to schools and 3 minutes' drive to Mowbray Market place.
Property History for 97 George Town Rd, Newnham, TAS 7248
- 09 May 2023Listed for Sale $750k
- 20 Mar 2023Listed for Rent $10,000 / year
- 21 May 2019Listed for Rent - Price not available
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0About 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 2,975 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:
- 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.
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