2/19 Wallace St, Newnham is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 222m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Built in 1990 this low maintenance brick unit would be a fantastic addition to any investor's portfolio, or ideal for anyone looking to buy their first home or downsize. With a fresh coat of paint and new carpet throughout, it features two good sized bedrooms both with built-ins, a bathroom with separate toilet, a practical open plan kitchen and living area with a Panasonic air-conditioner, as well as a small fenced-in, low maintenance garden in the backyard and a carport with additional open parking along the front. Rental return for this property is estimated around $225.00 per week.
Ideally situated near the Mowbray shopping centres and within walking distance of the University of Tasmania and the Maritime College, and only a short 8-minute drive to the Launceston CBD. For your private inspection, please call Steve McCann at Ray White Launceston.
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 2,986 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:
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