4/34 Alanvale Road, Newnham, TAS 7248 | Property Value & History | OnTheHouse
 
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4/34 Alanvale Road
Newnham TAS 7248

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
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Last updated 4 May 2026
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Property Details for 4/34 Alanvale Rd, Newnham

4/34 Alanvale Rd, Newnham is a 1 bedroom, 1 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Launceston

Last Listing description (April 2026)

If you're looking for a straightforward investment with very little to think about, these compact one-bedroom units are well worth your attention. Currently tenanted with a solid history of long-term occupancy, they offer the kind of reliability investors value.

Low-maintenance by nature, the properties provide a simple set-and-forget opportunity. With strong rental returns, they are an ideal option for those wanting a property that works quietly in the background while delivering consistent income.

For investors seeking simplicity and stability, opportunities like this are becoming increasingly difficult to find. There's no need for major upgrades or improvements - just neat, well-kept units that continue to perform.

Key Features:
Compact one-bedroom units
Proven history of long-term occupancy
Strong rental returns
Low-maintenance investment
Ideal "set and forget" addition to a portfolio

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Property History for 4/34 Alanvale Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Listed for Rent
$300/w
05 Sep 2023
  • 20 Mar 2026
    Listed for Sale Offers Over $275,000 Each Unit
  • 01 Sep 2023
    Listed for Rent $300 / week
  • 19 Apr 2021
    Listed for Rent $220 / week
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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 2,993 properties. Over the last 5 years, Houses in Newnham have seen a 70.21% increase in median value, while Units have seen a 65.61% increase. As at 30 April 2026:

  • The median value for Houses in Newnham is $582,981 while the median value for Units is $439,666.
  • Houses have a median rent of $520 while Units have a median rent of $455.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 144 properties were sold in the past 12 months in Newnham.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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