1/2 Commodore Drive, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

1/2 Commodore Drive
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 858m2
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Last updated 15 Dec 2025
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Property Details for 1/2 Commodore Dr, Newnham

1/2 Commodore Dr, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 858m2 and floor size of 81m2.

Building Type
Unit
Year Built
1988
Floor Size
81m2
Land Size
858m2
Local Government
Launceston

Last Listing description (November 2013)

Cash Flow on Commodore
Vendors instructions are to Sell.
Smart investors should move fast on these two fantastic low maintenance brick and tile units positioned perfectly in Newnham.

Built in 1988 these units are stand-alone and strata titled and sitting together on their 858m2 large level, well landscaped and easy care block with good fencing surrounding the property.
Both units consist of two bedrooms with built- ins, have large living areas, bay windows, functional kitchens and good size bathrooms and separate car ports. Fittings and fixtures including reverse cycle heat pumps are all in excellent condition. Both these units are currently under leasehold with fantastic tenants in place till 2014 and are showing brilliant returns. With these units located in the newer part of Newnham and being so close to AMC, Utas, Polytechnic, public transport as well as popular Mowbray Heights shopping precinct where all services are available these units tick all the right boxes for serious buyers and at this price you will be hard pushed to find better value.
To move forward with your private inspection call me now.
Additional feature/s - Built-In Wardrobes.

Property History for 1/2 Commodore Dr, Newnham, TAS 7248

A timeline of how this property has performed in the market
  • 10 Jul 2013
    Listed for Sale OFFERS ABOVE $190,000 EACH
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About 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 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 2,984 properties. Over the last 5 years, Houses in Newnham have seen a 68.01% increase in median value, while Units have seen a 60.14% increase. As at 30 November 2025:

  • The median value for Houses in Newnham is $503,836 while the median value for Units is $375,048.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 17 properties listed for sale, and 4 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 128 properties were sold in the past 12 months in Newnham.

Suburb Insights for Newnham 7248

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.