2/7-9 Eastfield Drive, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

2/7-9 Eastfield Drive
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 104m2
Land area: 272m2
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Property Details for 2/7-9 Eastfield Dr, Newnham

2/7-9 Eastfield Dr, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 272m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
2012
Floor Size
104m2
Land Size
272m2
Local Government
Launceston
Lot/Plan
2/163973

Last Listing description (August 2013)

villa units with 10 year leases - it really is a no brainer!
If you'r e looking to invest, it doesn't get much better than these 4 brand new villa units with the security of 10 year leases with a Government backed tenant already in place and the rent is guaranteed! The weekly rent AFTER management fees is very attractive and better than what most banks would offer!
- 10 year leases with the backing of a national affordable housing provider

- 100% occupancy - just sit back and collect the rent!
- Yearly rental increases
- Top quality brick finish
- No management fees
- High yielding return
- Set and forget investment!
The units are very conveniently located, just 10-15 minutes from Launceston, and all 4 feature 2 bedrooms, double glazed windows, window furnishings, open plan living, quality appliances, heat pumps, quality carpets and built-in robes. A real bonus is the large garages with internal access and automatic roller doors. A very smart investment, these excellent, brand new units are sure to be snapped up by the astute investor! Available to purchase all 4 or separately.
Sound good? Pick up the phone and give us a call for more details!.

Property History for 2/7-9 Eastfield Dr, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$395,000
04 Oct 2021
  • 04 Oct 2021
    Sold for $395,000
  • 29 Mar 2013
    Listed for Sale FROM $265,000
  • 08 Jun 2012
    Listed for Sale $265,000
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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 2,992 properties. Over the last 5 years, Houses in Newnham have seen a 64.21% increase in median value, while Units have seen a 47.08% increase. As at 31 July 2026:

  • The median value for Houses in Newnham is $610,440 while the median value for Units is $447,851.
  • Houses have a median rent of $550 while Units have a median rent of $445.
There are currently 22 properties listed for sale, and 10 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 149 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.