1/4 Parklands Parade, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

1/4 Parklands Parade
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 367m2
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Last updated 29 Jun 2026
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Property Details for 1/4 Parklands Pde, Newnham

1/4 Parklands Pde, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 367m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
Unit
Year Built
1980
Floor Size
69m2
Land Size
367m2
Local Government
Launceston
Lot/Plan
1/57630

Last Listing description (July 2025)

This low-maintenance 1980 brick unit in Newnham is an excellent opportunity for investors or first-time homebuyers. It features a contemporary open-plan kitchen and living area with plenty of storage, two spacious bedrooms and a well-sized bathroom with a shower and laundry. The reverse cycle air conditioning ensures year-round comfort and the paved courtyard with a garden shed provides additional storage space.Convenience is key, with a carport and off-street parking included. Situated on a 367 sqm block, the property is just a short drive from Mowbray shopping centre, schools and essential services. Located next to a park, this property offers a safe and fun space for children to play. It's also close to Tasmania University, the Australian Maritime College and TAFE College, with only an 8-minute drive to Launceston CBD.Key Features:• Low maintenance brick unit• Perfect for investors or first home buyers• Contemporary open plan kitchen and living with plenty of storage• T

Property History for 1/4 Parklands Pde, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$305,000
25 Mar 2025
Listed for Rent
$400/w
26 Mar 2024
  • 25 Mar 2025
    Sold for $305,000
  • 10 Mar 2025
    Listed for Sale Best Offer Over $295,000
  • 06 Mar 2024
    Listed for Rent $400 / week
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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 2,989 properties. Over the last 5 years, Houses in Newnham have seen a 68.07% increase in median value, while Units have seen a 55.65% increase. As at 31 May 2026:

  • The median value for Houses in Newnham is $598,139 while the median value for Units is $440,352.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 150 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.