2/31 George Town Road, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

2/31 George Town Road
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 150m2
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Property Details for 2/31 George Town Rd, Newnham

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.

Building Type
Unit
Year Built
1983
Floor Size
76m2
Land Size
150m2
Local Government
Launceston
Lot/Plan
2/57867

Last Listing description (May 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.

Property History for 2/31 George Town Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$325,000
01 Apr 2025
Listed for Rent
25 Apr 2013
  • 01 Apr 2025
    Sold for $325,000
  • 05 Nov 2024
    Listed for Sale $325,000
  • 03 Jul 2014
    Listed for Sale SOLD - $147,000
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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 2,989 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:

  • The median value for Houses in Newnham is $598,139 while the median value for Units is $440,352.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 148 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.