53 George Town Road, Newnham, TAS 7248 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $949,000

53 George Town Road
Newnham TAS 7248

Bedrooms: 6
Bathrooms: 6
Car spaces: 6
Land area: 893m2
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A Genuine Investment Opportunity

53 George Town Road, Newnham offers investors a well-established share house spanning two separate dwellings on one title, with all six bedrooms currently tenanted individually. The main residence comprises three bedrooms, each with the convenience of its own private ensuite, while a self-contained unit at the rear adds a further three bedrooms, also each with private ensuite facilities. Each dwelling features its own open-plan living and kitchen area, along with a separate laundry in both the main house and the rear unit, giving tenants comfortable, self-contained living spaces within the shared arrangement.
The main house has been recently renovated including new plumbing and electrical, new roof and a freshly built deck, whilst the unit offers a newer, low-maintenance addition that requires minimal upkeep and holds strong appeal to tenants seeking modern facilities. Solar panels are installed at the property, helping to offset running costs.
The layout of two distinct dwellings on the one title also gives investors flexibility down the track, whether that's continuing the current share house model, or exploring strata or subdivision potential (S.T.C.A).
Outside, the property offers ample onsite parking to comfortably accommodate multiple vehicles, along with convenient side access, both practical features that are consistently valued by share-house tenants and help support ongoing occupancy.
• 6 Bedrooms, each individually tenanted (3 in main house, 3 in rear unit)
• 6 Ensuites (one with each bedroom)
• Two separate dwellings on one title, each with own open-plan living/kitchen and separate laundry
• Solar power
• Ample onsite parking with side access
Positioned within easy reach of The Maritime College, TAFE, and the East Tamar Primary School, and just minutes' drive from the New Sporting Hub and Mowbray Shopping Centre, the location benefits from consistent and ongoing demand from students seeking share accommodation, with the added convenience of a 15-minute commute to the Launceston CBD.
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Property Details for 53 George Town Rd, Newnham

53 George Town Rd, Newnham is a 6 bedroom, 6 bathroom House with 6 parking spaces. The property has a land size of 893m2. The place is currently for sale with The Agency Northern Tasmania.

Building Type
House
Land Size
893m2
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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 2,990 properties. Over the last 5 years, Houses in Newnham have seen a 62.08% increase in median value, while Units have seen a 41.85% increase. As at 31 August 2026:

  • The median value for Houses in Newnham is $617,754 while the median value for Units is $446,134.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 175 properties were sold in the past 12 months in Newnham.

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Richard Bailey
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Carla Egger
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The Agency Northern Tasmania
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