3/1-3 Newnham Close, Newnham, TAS 7248 | Property Value & History | OnTheHouse
FOR SALE

3/1-3 Newnham Close
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 260m2
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Property Details for 3/1-3 Newnham Cl, Newnham

3/1-3 Newnham Cl, Newnham is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 260m2 and floor size of 76m2.This Property is currently listed for sale with Ray White Living Here-Invermay Location

Building Type
House
Year Built
1990
Floor Size
76m2
Land Size
260m2
Local Government
Launceston
Lot/Plan
3/56595

Last Listing description (July 2026)

Positioned in the ever-popular northern suburb of Newnham, this well-maintained two-bedroom unit presents an outstanding opportunity for investors seeking an affordable property with an established rental return.

Currently tenanted at $360 per week, this low-maintenance unit was built in the 1990s and offers immediate income from day one.

Conveniently located just minutes from the Mowbray Shopping Centre, the University of Tasmania's Newnham campus, the Australian Maritime College, and a reliable public bus service, the property enjoys excellent access to education, shopping, and transport, making it a consistently attractive rental proposition.

Property Features:

Two comfortable bedrooms
Solid brick construction built in the 1990s
Currently leased at $360 per week
Low-maintenance investment
Close to Mowbray Shopping Centre
Minutes to the University of Tasmania and Australian Maritime College
Situated on a reliable public transport route
Ideal addition to an investment portfolio or an affordable entry into the property market
Whether you're looking to expand your investment portfolio or secure a property in a high-demand rental location, this Newnham unit represents excellent value and strong potential.

Contact us today to arrange your inspection or request further information.

Property History for 3/1-3 Newnham Cl, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$61,000
23 May 2000
Listed for Rent
$200/w
29 Jun 2017
  • 08 Jul 2026
    Sold
  • 30 Jun 2026
    Listed for Sale Offers Over $330,000
  • 16 Jun 2017
    Listed for Rent - Price not available
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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 65.03% increase in median value, while Units have seen a 54.93% increase. As at 30 June 2026:

  • The median value for Houses in Newnham is $600,818 while the median value for Units is $454,795.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 147 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.