1/5 Penicola Place, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

1/5 Penicola Place
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 111m2
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Last updated 29 Jun 2026
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Property Details for 1/5 Penicola Pl, Newnham

1/5 Penicola Pl, Newnham is a 2 bedroom, 2 bathroom Unit and was built in 2025. The property has a floor size of 111m2.

Building Type
Unit
Year Built
2025
Floor Size
111m2
Local Government
Launceston

Last Listing description (June 2025)

Thoughtfully designed with comfort and convenience in mind, this brand-new unit in Newnham offers a modern, low-maintenance lifestyle. Architecturally designed, these units stand out from the typical cookie-cutter build, with attention to detail and thoughtful layouts that maximise both style and functionality. Set on an internal block, this unit is perfectly oriented to capture all-day sun, with a spacious open-plan living area that creates a bright and welcoming atmosphere. The neutral colour palette enhances the home's versatility, making it easy to personalise to suit any style.

The principal suite is a private retreat, featuring a generous walk-in robe and a spacious ensuite. The second bedroom is also well-sized and includes built-in robes, offering ample storage.


The kitchen is designed with practicality and style in mind, offering quality finishes and plenty of space for cooking and entertaining. It flows into the open-plan living and dining areas, which are flooded with natural light from large windows.

For year-round comfort, the unit includes a split-system air conditioner, ensuring a comfortable environment no matter the season. The low-maintenance, fully fenced outdoor area is perfect for relaxing or enjoying the sunshine in privacy.

Located just 10 minutes from Launceston's CBD, this unit is in close proximity to local schools, parks, and shopping centres. With easy access to public transport and situated on a quiet internal block, it offers both peace and privacy while still being close to all the conveniences of modern living.

Ready to move in and enjoy- Contact Lochie today to register your interest!

Property History for 1/5 Penicola Pl, Newnham, TAS 7248

A timeline of how this property has performed in the market
  • 22 May 2025
    Listed for Sale $530000.00
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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 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.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 147 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.