2/115 George Town RoadNewnham TAS 7248
Property Details for 2/115 George Town Rd, Newnham
Last Listing description (August 2022)
Only unit 2 left.
Tidy little investments like these units don't come along often. Built in 1993 and low maintenance just set and forget. Each unit is 2 bedroom, 1 bathroom, recently carpeted and repainted. The open plan living / dining is a large space and the bathroom is shared with the laundry to allow more living space. With their own private courtyard and 2 parking spaces each - they are here for the taking. With a booming property market this provides opportunity to get a foot in the door. Unit 2 - the back Unit, is to be sold separately and with a long term tenant just resigning at $300 per week until April next year. Conveniently located next door to the IGA supermarket bus stop out the front and service station on the other side this can be called a prime location.
Best Offer Over $309,000
*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 2/115 George Town Rd, Newnham, TAS 7248
- 09 Apr 2022Sold for $309,000
- 13 Dec 2021Listed for Sale Best Offer Over $309,000
- 07 Nov 2014Listed for Rent $200 / week
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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 2,991 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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