23 Wallace Street, Newnham, TAS 7248 sold on 27 July 2026 | OnTheHouse
SOLD
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Sold on 27 Jul 2026 for $671,000

23 Wallace Street
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 589m2
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Property Details for 23 Wallace St, Newnham

23 Wallace St, Newnham is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1989. The property has a land size of 589m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 3 bedroom House sold in Newnham in the last 12 months.

Building Type
House
Year Built
1989
Floor Size
103m2
Land Size
589m2
Local Government
Launceston
Lot/Plan
3/13918

Last Listing description (August 2026)

Freshly updated and beautifully presented, this inviting three-bedroom home offers the perfect balance of modern comfort and everyday practicality. Set on a generous 589m block, this solid brick home has been thoughtfully refreshed, allowing you to simply unpack and enjoy everything it has to offer.

The light-filled interior features new flooring, creating a fresh and contemporary feel. A well-designed floor plan provides comfortable living spaces for families, couples or downsizers, while the modern kitchen is equipped with quality appliances. Three well-proportioned bedrooms and a well set out family bathroom complete a home designed for easy, low-maintenance living.

Step outside and discover an outstanding undercover entertaining area, perfect for year-round gatherings with family and friends. The fully fenced backyard also features a dedicated fire pit area, providing the perfect setting to relax. With plenty of space for children and pets to play, there's also room to securely park a caravan, trailer or boat. Adding even more versatility to the property is a separate studio, providing the perfect space to work from home, run a small business, pursue creative hobbies, or create a private retreat. Whether you need a home office, art studio, gym or games room, this flexible space offers endless possibilities to suit your lifestyle.

Additional Features:
Solid brick construction with a durable Colourbond roof
Double garage with excellent storage
Gas hot water
Updated interiors throughout
Low-maintenance gardens
Plenty of off-street parking
Located within the General Residential Zone
No bushfire, flood or heritage overlays detected
Located within the East Tamar Primary School catchment
Local park just at the end of the street

Rental Appraisal: $550 to $600 per week
Rates $1800 pa
Water Approx $300 pq

You'll also appreciate being only a short drive from Launceston CBD
Whether you're a first-home buyer, growing family, downsizer or savvy investor, this updated home delivers outstanding value in a convenient and family-friendly location.

*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
** Peter Lees Real Estate complies with all applicable requirements under the AML/CTF legislation.
***Boundary lines are indicative only.

Property History for 23 Wallace St, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$671,000
27 Jul 2026
  • 27 Jul 2026
    Sold for $671,000
  • 26 Jun 2026
    Listed for Sale SOLD SMARTRE $671,000
  • 01 Feb 1989
    Sold for $57,490
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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 2,991 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 19 properties listed for sale, and 9 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 152 properties were sold in the past 12 months in Newnham.

Suburb Insights for Newnham 7248

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Beck Routley
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Peter Lees Real Estate
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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.