47a Paringa Avenue Newnham TAS 7248
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Property Details for 47a Paringa Ave, Newnham
47a Paringa Ave, Newnham is a 1 bedroom, 1 bathroom Unit. The place is currently for rent with Roberts Real Estate Launceston.
About Newnham 7248
The size of Newnham is approximately 6.1 square kilometres. There are 8 parks, covering nearly 2.7% of the total area. The population of Newnham in 2016 was 6453 people. By 2021 the population was 7073 showing a population growth of 9.6% 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 2021, 60.70% of the homes in Newnham were owner-occupied compared with 60.40% in 2016.
Newnham has 2,992 properties. Over the last 5 years, Houses in Newnham have seen a 65.03% increase in median value, while Units have seen a 54.93% increase. As at 30 June 2026:
- The median value for Houses in Newnham is $600,818 while the median value for Units is $454,795.
- Houses have a median rent of $550 while Units have a median rent of $450.
Suburb Insights for Newnham 7248
Market Insights
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