2/16 Bishops Drive, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

2/16 Bishops Drive
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 311m2
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Property Details for 2/16 Bishops Dr, Newnham

2/16 Bishops Dr, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 311m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1987
Floor Size
71m2
Land Size
311m2
Local Government
Launceston
Lot/Plan
2/146986

Last Listing description (September 2026)

Whether you're searching for your first home, looking to add a quality investment to your portfolio or wanting to downsize without compromising on comfort, this beautifully presented residence offers an outstanding opportunity in one of Launceston's most sought-after growth suburbs.Designed with easy living in mind, the practical floorplan offers a comfortable balance of indoor and outdoor living, making it equally suited to owner-occupiers and investors seeking a property that's ready to enjoy from day one.At the heart of the home is the updated kitchen, a fresh and inviting space that combines modern finishes with everyday functionality. With ample storage, generous bench space and a layout that connects effortlessly to the living and dining areas, it's a space designed for both busy weekdays and relaxed weekends at home.The living areas are filled with natural light, creating a warm and welcoming atmosphere throughout the seasons. Whether you're enjoying a quiet evening indoors or hosting family and friends, the home's layout provides a comfortable setting for every occasion.Accommodation comprises two well-proportioned bedrooms, both complete with built-in wardrobes, offering practical storage while maintaining a light and comfortable feel. Servicing the home is a centrally located bathroom with the convenience of a combined laundry, thoughtfully designed to maximise space and functionality for everyday living.One of the standout features is the brand-new deck, extending the home's living space outdoors. It's the perfect place to enjoy your morning coffee in the sunshine, fire up the barbecue with friends or simply relax at the end of the day while overlooking the low-maintenance surrounds. The backyard has been designed to require minimal upkeep, giving you more time to enjoy your weekends rather than maintaining the property.Low-maintenance homes continue to be highly sought after, and this property delivers exactly that. Offering the ideal lock-up-and-leave lifestyle, it's perfectly suited to busy professionals, retirees, first home buyers wanting an easy introduction to the market or investors looking for a home with broad tenant appeal.Positioned in the ever-growing suburb of Newnham, you'll enjoy exceptional convenience with everyday amenities only moments away. Shopping centres, local schools, public transport, the University of Tasmania's Newnham campus and the Australian Maritime College are all within easy reach, while Launceston's CBD is only a short drive away. The combination of convenience, lifestyle and continued growth has made Newnham an increasingly popular destination for both homeowners and investors alike.Properties that combine modern updates, low-maintenance living and a location with strong long-term appeal are becoming increasingly difficult to find. Whether you're taking your first step into the market, downsizing to simplify your lifestyle or searching for a smart investment, this is an opportunity that deserves your attention.Rental Appraisal: $480-$490 per week.The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.

Property History for 2/16 Bishops Dr, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$320,000
11 Aug 2021
  • 05 Aug 2026
    Listed for Sale $465,000 - $515,000
  • 11 Aug 2021
    Sold for $320,000
  • 02 Aug 2021
    Listed for Sale Best Offer Over $275,000
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About 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 62.08% increase in median value, while Units have seen a 41.85% increase. As at 31 August 2026:

  • The median value for Houses in Newnham is $617,754 while the median value for Units is $446,134.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 176 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.