1 Paringa Avenue, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

1 Paringa Avenue
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 11m2
Land area: 560m2
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Property Details for 1 Paringa Ave, Newnham

1 Paringa Ave, Newnham is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 560m2 and floor size of 11m2.

Building Type
House
Floor Size
11m2
Land Size
560m2
Local Government
Launceston

Last Listing description (October 2017)

Here is one for your portfolio or buy it and live here yourself, and only in need of a little updating! Located in a elevated sunny position, this prime investment offers a well built solid home with three good size bedrooms (two with built-ins). There is a good sized lounge with large windows, separate kitchen and dining, the bathroom has a separate bath and shower plus there is a separate toilet and laundry. There are low maintenance gardens, good fencing, a large single carport plus room for a large vehicle along side. The location could not be any more perfect; quiet, sunny, views and all within walking distance to the Tasmanian University, The Australian Maritime College and the TAFE Campus, plus a short drive to supermarkets, shops and Launceston's CBD.

Property History for 1 Paringa Ave, Newnham, TAS 7248

A timeline of how this property has performed in the market
  • 23 Dec 2015
    Listed for Sale $219,900
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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, 124 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.