Download your FREE reports now!

Investment Property Newnham, TAS, 7248

Suburb Snapshot

Newnham is a suburb in the Launceston Region of Tasmania. Newnham has a population of 6,451 people and 31.87% of its occupants live in rental accommodation. The median listing price for houses is $495,000 and this has changed -0.41% over the past year and changed 24.06% over 2 years.

The median rent in Newnham for houses is $450 per week and the median rental yield is 4.72%. Stock on the market for houses/townhouses has changed -36.73% compared to last year and the average time to sell a house/townhouse is 110 days.The median listing price for units is $329,500 and this has changed -4.50% over the past year. The average unit takes 68 days to sell and the median rent for a unit in Newnham is $375 per week, producing a rental yield of 5.91%.

Supply & Demand in Newnham, Launceston

1.06%

Current vacancy rate


30

Rental stock available


6,451

Population


31.87%

Rental population


0.98%

Current vacancy rate


313

Rental stock available


65,275

Population


30.07%

Rental population


0.71%

Current vacancy rate


1,941

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Newnham, Launceston

  House Townhouses Units
Median listing price $495,000 NA $329,500
Median price change - last quarter 1.12% NA 6.29%
Median price change - 1 year -0.41% NA -4.50%
Median price change - 2 years 24.06% NA 11.69%
  House Townhouses Units
Median weekly rent $450 NA $375
Median yield % 4.72% NA 5.91%
Median rent change - 1 year 7.14% NA 25.00%
  House Units
Previous month sales 0 0
Stock on market previous month 31 5
Stock variance vs. last year -36.73% 0.00%
Average days on market 110 68

Newnham investment property listings

Showing 5 of 45 investment properties found in Newnham on realestateinvestar.com.au

32 Hortus Pl, Newnham

$519,000

property pic

Dream, Dream, Dream!

Welcome to a slice of paradise, where every corner whispers promises of comfort, convenience, and investment potential. Nestled in a sought-after locality, just moments away from The University of Tasmania and Maritime College, stands a magnificent 3-bedroom haven, waiting to be yours. Step inside ...

Get more info on this property
rei

3

rei

2

rei

3

House

TAS 7248


2/24 Hortus Pl, Newnham

$499,000

property pic

Home or Investment - Your Choice

Welcome to a meticulously crafted co-joined townhouse boasting three generously sized bedrooms with fitted wardrobes, ensuring ample space for rest and rejuvenation. The epitome of modern living, this single-level home showcases premium double glazing throughout, seamlessly blending contemporary ...

Get more info on this property
rei

3

rei

1

rei

3

House

TAS 7248


7 Parklands Pde, Newnham

$469,000

property pic

Corner block, family living

An excellent, solid brick home offering a blend of modern comfort situated on a generous 653m2 corner block with scope to build a second dwelling. This home has most of the hard work already done with updated kitchen and bathroom but there is still the ability to add your own personal touches. Key ...

Get more info on this property
rei

4

rei

1

rei

1

House

TAS 7248


1/7 Sarinda Cl, Newnham

$535,000

property pic

Spacious & Sophisticated Living

OPEN HOME SATURDAY 27TH APRIL 12-12.30PM Often sought, seldom found. Three-bedroom, two-bathroom spacious townhouse in Newnham! This property has been thoughtfully designed to ensure space is optimized! Set in a lovely quiet cul-de-sac, you will feel comfortable at home with functional floorplan ...

Get more info on this property
rei

3

rei

2

rei

3

Townhouse

TAS 7248


14 Alanvale Rd, Newnham

$425,000

property pic

Mid Century But Modern!

This solid mid century home has undergone a total refresh internally creating a modern, bright feel yet retaining it 1950's charm including generous entry way and 2.7m ceilings. It also sits on a large 857m2 block with ample space to build a granny flat or subdivision potential (STCA). With a ...

Get more info on this property
rei

3

rei

1

rei

1

House

TAS 7248


Navigate to more Suburbs, Regions or States