120 George Town RoadNewnham TAS 7248
Property Details for 120 George Town Rd, Newnham
120 George Town Rd, Newnham is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1958. The property has a land size of 470m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (July 2025)
This sweet 1950's lady has hit the market and is a chance for those looking for a ready-set investment opportunity to pounce. Currently tenanted at $520 per week, it's a great rental yield with lovely tenants on a 24-month lease and they would love to stay! This 3 bedroom home is in an ideal location for tenants being close to public transport and just 5 minutes from the Mowbray shopping precinct, where you'll find supermarket and all amenities. Newnham is fast becoming one of the most popular suburbs in Launceston and properties in this bracket are moving quickly. Boasting nice interior finishes, neutral colour palette, reverse cycle heating, rumpus room that could be utilised as a fourth bedroom, large fully fenced back-yard. perfect for children and pets, dual driveway access, car-port and off-street park. Don't wait!
Built: 1958
Land Size: 665m2
Council Rates: Approx. $1500 per year
Water Rates: Approx. $1200 per year
Currently Rented: $520 per week
Lease Ends: 8th August, 2025
Zoning: General Residential
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
Property History for 120 George Town Rd, Newnham, TAS 7248
- 06 May 2025Listed for Sale Offers Over $429,000
- 05 Jul 2023Listed for Rent $500 / week
- 01 Jul 2022Listed for Rent $550 / week
Recent sales nearby
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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 64.90% increase in median value, while Units have seen a 53.88% increase. As at 31 October 2025:
- The median value for Houses in Newnham is $491,229 while the median value for Units is $367,742.
- Houses have a median rent of $480 while Units have a median rent of $400.
Suburb Insights for Newnham 7248
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