2/40 Bishops Drive, Newnham, TAS 7248 sold on 12 September 2025 | OnTheHouse
SOLD
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Sold on 12 Sep 2025 for $370,000

2/40 Bishops Drive
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 498m2
Sold By
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Nest Property Hobart
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Property Details for 2/40 Bishops Dr, Newnham

2/40 Bishops Dr, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 498m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Unit sold in Newnham in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
65m2
Land Size
498m2
Local Government
Launceston
Lot/Plan
2/58812

Last Listing description (October 2025)

Surrounded by Newnham Reserve, you will discover this light-filled freestanding unit. Peaceful and privately tucked away, this is the ideal home to call your own.

Whether you are looking for your first home, ideal investment opportunity or if it is time to downsize, then this is one you cannot go past.

Steeped in all-day sunshine and enjoying a new kitchen and updated bathroom along with fresh paint and floor coverings, it is definitely move-in ready.

With a carport that directly accesses the unit, parking for further vehicles and a fully fenced low-maintenance yard adding to the appeal.

With all of the conveniences of the Mowbray shopping centre a short drive away and Launceston city centre a mere 10 minutes, you will have easy access to primary and secondary schools, TasTAFE and University, the Maritime College and local sporting venues.

So, if you have been dreaming of your own space, downsizing to a smaller space or are tired of paying rent, there is nothing to do here, so don't delay!

Call Craig and Deb, the Spouses Selling Houses team, at Nest Property now.

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Disclaimer: This information has been carefully compiled and is not intended to be treated as a warranty or promise as to the correctness of the information. Interested parties should undertake independent enquiries and investigations to satisfy themselves that any details herein are true and correct. The author makes no claim as to the accuracy of the information within and does not intend it to be legally binding. All other responsibilities disclaimed.

Information contained herein on specific properties has been provided by the vendor, the authorities, or third party providers. It is subject to the final contract and interested parties must make their own separate enquiries to verify and ensure accuracy of the information herein.

Property History for 2/40 Bishops Dr, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$370,000
12 Sep 2025
  • 12 Sep 2025
    Sold for $370,000
  • 22 May 2025
    Listed for Sale Offers Over $369,000
  • 07 Apr 2022
    Sold for $310,000
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About Newnham 7248

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 2,985 properties. Over the last 5 years, Houses in Newnham have seen a 64.90% increase in median value, while Units have seen a 53.88% increase. As at 31 October 2025:

  • The median value for Houses in Newnham is $491,229 while the median value for Units is $367,742.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 119 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.