38 Parua Rd, Newnham is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 752m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 5 bedroom House sold in Newnham in the last 12 months.
This low maintenance, dual-dwelling brick home offers lovely views over Mowbray Golf Course. Ideal for investors (with the rental yield above 6%) or extended families. It features a four-bedroom home upstairs and a one-bedroom flat on the lower level. The large patio downstairs is perfect for outdoor relaxation while the upper level provides a flexible layout of four bedrooms or three bedrooms with two separate living areas. Both levels include kitchens - a full kitchen upstairs and a kitchenette with an upright oven downstairs - plus a full-size bathroom in each.
With reverse cycle air conditioning upstairs and an electric wall heater below, comfort is ensured year-round. Complete with a lock-up garage, off-street parking and a garden shed, this property is conveniently located just 4 minutes from Mowbray Shopping Centre and only 9 minutes from Launceston's CBD, with schools and city conveniences close by.
Key Features:
Contact Jeremy Wilkinson for your inspection.
Rental return: Upstairs $430 pw Lease end 21/4/2025 and Downstairs $200 pw Lease end 29/7/2025
House size: 141 sqm
Garage size: 17 sqm
Patio size: 35 sqm
Land size: 752 sqm
Built: 1967
Council: Launceston
Council Zoning: General Residential
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
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:
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