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

16 Paringa Avenue
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 122m2
Land area: 558m2
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Last updated 18 May 2026
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Property Details for 16 Paringa Ave, Newnham

16 Paringa Ave, Newnham is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1964. The property has a land size of 558m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1964
Floor Size
122m2
Land Size
558m2
Local Government
Launceston
Lot/Plan
435/20800

Last Listing description (July 2022)

This three bedroom brick home is located within minutes to the University of Tasmania, Australian Maritime College, Mowbray shopping centre, but if that's not enough, keep reading....

This property offers an abundance of space with plenty of off street parking and a good sized yard for the children and pets to play.

The property has an expected rental return of $420pw, perhaps ideal for somebody looking to expand their portfolio or maybe you're on the hunt for your first home to move into. Regardless, this property ticks all the boxes... Tick, Tick, Tick!

Call to arrange an inspection today!

*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.

Boundary lines are indicative only.

Property History for 16 Paringa Ave, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$458,000
16 May 2022
Listed for Rent
$360/w
28 Jun 2021
  • 16 May 2022
    Sold for $458,000
  • 25 Mar 2022
    Listed for Sale Offers Over $439,000
  • 24 Jun 2021
    Listed for Rent $360 / week
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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 2,993 properties. Over the last 5 years, Houses in Newnham have seen a 70.21% increase in median value, while Units have seen a 65.61% increase. As at 30 April 2026:

  • The median value for Houses in Newnham is $582,981 while the median value for Units is $439,666.
  • Houses have a median rent of $520 while Units have a median rent of $455.
There are currently 12 properties listed for sale, and 7 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 149 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.