1/8 Penicola Place, Newnham, TAS 7248 | Property Value & History | OnTheHouse
FOR SALE

1/8 Penicola Place
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 252m2
This property is currently on the market
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Property Details for 1/8 Penicola Pl, Newnham

1/8 Penicola Pl, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 252m2 and floor size of 96m2.This Property is currently listed for sale with Jenkins & Co

Building Type
Unit
Year Built
2019
Floor Size
96m2
Land Size
252m2
Local Government
Launceston
Lot/Plan
1/178645

Last Listing description (July 2026)

Enjoy comfortable, low-maintenance living in this modern and well-presented two-bedroom unit, ideally positioned in a quiet cul-de-sac in a highly sought-after location.

Featuring two generously sized bedrooms, each with built-in wardrobes, the home offers a spacious open-plan layout that seamlessly combines the living, dining, and kitchen areas. The contemporary kitchen is equipped with modern appliances, making everyday living and entertaining a breeze.

The well-appointed bathroom includes both a walk-in shower and a separate bathtub, while a dedicated laundry provides convenient rear access and a second toilet for added practicality.

Step outside from the living and dining area to enjoy the fully fenced, easy-care gardensperfect for relaxing with minimal upkeep.

Features include:
* Two generously sized bedrooms, both with built-in wardrobes
* Spacious bathroom with walk-in shower and separate bathtub
* Reverse-cycle air conditioning for year-round comfort
* Contemporary kitchen with modern appliances
* Dedicated laundry with rear access and second toilet
* Secure garage with internal access
* Fully fenced, low-maintenance gardens

Conveniently located close to the UTAS Newnham Campus and just approximately 10 minutes from the Launceston CBD, this home offers the perfect balance of peaceful living and easy access to local amenities, schools, shops, and public transport.

Jenkins & Co Property Tasmania have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 1/8 Penicola Pl, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$450,000
16 Jan 2025
Listed for Rent
$475/w
04 Dec 2024
  • 13 Jul 2026
    Listed for Sale Offers over $569,000
  • 16 Jan 2025
    Sold for $450,000
  • 04 Dec 2024
    Listed for Sale Offers Over $459,000
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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 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 15 properties listed for sale, and 3 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.