2/31 George Town Rd, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 150m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in April 2025.
Situated in Newnham, this well-maintained brick unit presents an excellent opportunity for investors, first home buyers, or those looking to downsize. With a practical layout and low-maintenance appeal, it provides ease of living in a good location close to essential amenities.
2 good sized bedrooms, both with built-in wardrobes
Open-plan lounge area with heat pump for year-round comfort
Functional kitchen space
Separate laundry for added convenience
Low-maintenance, paved outdoor area ideal for relaxation or nurturing a small garden
Secure single-car garage
Positioned close to public transport, local schools, Mowbray Shopping Centre, Maritime College, and TAFE
Easy 5-10 minute drive to Launceston CBD
A solid investment in a good location, this property is ready to meet a variety of lifestyle needs.
Council Rates approx. $1500 p.a.
Water Rates approx. $1200 p.a.
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 2,989 properties. Over the last 5 years, Houses in Newnham have seen a 68.07% increase in median value, while Units have seen a 55.65% increase. As at 31 May 2026:
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