118 Viewbank RoadNewnham TAS 7248
Property Details for 118 Viewbank Rd, Newnham
118 Viewbank Rd, Newnham is a 8 bedroom, 3 bathroom House with 3 parking spaces and was built in 1979. The property has a land size of 706m2 and floor size of 336m2. While the property is not currently for sale or for rent, it was last sold in January 2019.
Last Listing description (February 2019)
Set on an elevated position with views overlooking the river, is this large home that is sure to suit the extra large family, multiple families or an investor looking for a great return.
Upstairs has been renovated with only a few minor jobs left to be done, There are 5-6 Beds and 2 bathrooms, there has been new carpet and vinyl laid, painted and has had a new kitchen, bathroom and en suite put in. There are some small jobs that remain to be done, but essentially, upstairs is ready for someone to move in.
Downstairs however, this is where the opportunity is. In what could be a 3 bed, 1 or 2 bathroom home that once finished off could return around $250 per week which would be a great little earner. There is still flexibility in what you could do downstairs, it is a blank canvas as to what you could do.
There is already 2 meter boxes, and 2 water connection on the property
To get to that return, there is still some work to be done but that is what creates the opportunity. For your inspection, please call Duncan Morrison at Ray White Launceston
Property History for 118 Viewbank Rd, Newnham, TAS 7248
- 23 Jan 2019Sold for $292,500
- 22 Oct 2018Listed for Sale Not Disclosed
- 19 Dec 2017Sold for $185,000
Recent sales nearby
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0About 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.
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