3B Bishops Drive, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

3B Bishops Drive
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 81m2
Land area: 252m2
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Property Details for 3b Bishops Dr, Newnham

3b Bishops Dr, Newnham is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1982. The property has a land size of 252m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
Unit
Year Built
1982
Floor Size
81m2
Land Size
252m2
Local Government
Launceston
Lot/Plan
2/57734

Last Listing description (April 2019)

This one is for the investor, either to add to an existing portfolio or for the 1st time investor stepping into the property market. Currently rented for $230 per week until February, 2019 with a tenant who is keen to sign a lease for a further 12 months, this one ticks the boxes. The floor plan offers spacious open plan living, 2 double bedrooms both with built ins, a large bathroom with bath and shower, separate toilet and laundry. The property is low maintenance, has a separate garage and a private yard which is level and securely fenced.

Property History for 3b Bishops Dr, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$195,000
14 Feb 2019
Listed for Rent
$230/w
16 Feb 2017
  • 14 Feb 2019
    Sold for $195,000
  • 23 Nov 2018
    Listed for Sale $195,000
  • 26 Oct 2017
    Sold for $165,000
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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 68.01% increase in median value, while Units have seen a 60.14% increase. As at 30 November 2025:

  • The median value for Houses in Newnham is $503,836 while the median value for Units is $375,048.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 16 properties listed for sale, and 4 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 124 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.