119 George Town Road, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

119 George Town Road
Newnham TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 217m2
Land area: 789m2
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Property Details for 119 George Town Rd, Newnham

119 George Town Rd, Newnham is a 0 bedroom, 0 bathroom House with 3 parking spaces and was built in 1940. The property has a land size of 789m2 and floor size of 217m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
1940
Floor Size
217m2
Land Size
789m2
Local Government
Launceston
Lot/Plan
1/120564

Last Listing description (May 2019)

Situated on the corner of George Town Rd & Tompsons Lane in Newnham having high traffic flow. Here is the opportunity to buy and set yourself up a lifestyle. The property itself is a large corner parcel of land being 789m2 which incorporates the neat three bedroom home, the shop frontage and the large adjoining secure storage facility. The owner was previously opporating the business and specialising in beautiful fresh cuisine made daily including Pizza s, Quiche s, Pastries etc not to mention the full range of fish & chips, hamburgers, steak sandwiches etc etc.. The plant and equipment is mostly all near new and all in excellent working & serviceable condition. This property sits in a very high traffic area and services many of the locals and passing traffic, there is also huge scope for the savvy purchasers to put a complete new spin on this building and take up to new level if they so desire. This sale will attract a GST content at sale.
To discuss further and arrange your inspection, give me a call today.

Property History for 119 George Town Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$265,000
29 Sep 2020
  • 29 Sep 2020
    Sold for $265,000
  • 11 May 2018
    Listed for Sale $300,000 plus GST
  • 24 Dec 2015
    Sold for $330,000
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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 17 properties listed for sale, and 3 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 125 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.