1/8 Penicola Place, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

1/8 Penicola Place
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 252m2
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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. While the property is not currently for sale or for rent, it was last sold in January 2025.

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

Last Listing description (March 2025)

This tidy modern unit comprises two generously proportioned bedrooms, each with built-in storage, an open-plan living, dining, and kitchen area, a bathroom complete with a walk-in shower and a separate bathtub, plus a dedicated laundry space providing rear access and a convenient second toilet.

The dining and living area lead to easily maintained, and fenced, gardens.

Features include:

Two generously sized bedrooms, each with built-ins
Spacious bathroom with walk in shower & separate bath
A reverse cycle air-conditioning system
Contemporary kitchen with modern appliances
Secure garaging with internal access

Located in a quiet cul-de-sac setting, within close proximity to UTAS Newnham Campus, and approximately 10 minutes to the Launceston CBD, the setting in this popular suburb is hard to beat.

"Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Please note, photos are indicative of the property only."

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
  • 16 Jan 2025
    Sold for $450,000
  • 04 Dec 2024
    Listed for Sale Offers Over $459,000
  • 25 Jan 2024
    Listed for Rent $475 / 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, 149 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.