1/68 Franmaree Road, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

1/68 Franmaree Road
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 249m2
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Property Details for 1/68 Franmaree Rd, Newnham

1/68 Franmaree Rd, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 249m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
1985
Floor Size
74m2
Land Size
249m2
Local Government
Launceston
Lot/Plan
1/55503

Last Listing description (December 2018)

Here is a very low maintenance property with a lot of potential to make it your own. Offering a great floor plan with a hallway from the living leading to bedrooms & bathroom and open plan living with a northerly outlook. Main features include two bedrooms with quality built-ins, functional bathroom and practical kitchen connecting with the open plan dining & lounge. A compact courtyard offers a sunny spot for a quiet coffee or area for a small dog. But the real bonus here is the single garage with internal access, offering laundry and storage space.
Ideally located near public transport, local shops and schools & just 10 minutes to the CBD.
With just 4 units on the block and no active body corporate & no additional annual fees, this unit represents excellent value and won't last on the market for long!

1/68 Franmaree Rd at a glance:
Solid, low maintenance unit
2 spacious bedrooms with built-in robes
Open plan living / dining / kitchen
Lovely sunny courtyard
Single garage with internal access
Only one of 4 dwellings on the block
Similar units in the area rent up to $230 per week

Property History for 1/68 Franmaree Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$184,000
26 Nov 2018
  • 26 Nov 2018
    Sold for $184,000
  • 13 Sep 2018
    Listed for Sale Offers over $189,000
  • 21 Oct 2000
    Sold for $66,500
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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 2,985 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 15 properties listed for sale, and 4 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 126 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.