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.
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.
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:
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