4/6 Olus Place, Newnham, TAS 7248 sold on 03 April 2025 | OnTheHouse
 
SOLD
Sold on 03 Apr 2025 for $505,000

4/6 Olus Place
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 123m2
Land area: 254m2
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Property Details for 4/6 Olus Pl, Newnham

4/6 Olus Pl, Newnham is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 254m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 3 bedroom Unit sold in Newnham in the last 12 months.

Building Type
Unit
Year Built
2021
Floor Size
123m2
Land Size
254m2
Local Government
Launceston

Last Listing description (April 2025)

Built in 2021, here is an excellent opportunity to purchase a modern, low maintenance 3-bedroom villa unit located approximately 1km from the Australian Maritime College & University of Tasmania in a quiet no through street in popular Newnham. If you are looking to buy an investment, downsize or purchase your first home, be sure to act quick with this one!
Features include:
Open plan living area with Reverse Cycle Air conditioning for all year-round comfort

3 good sized bedrooms all with built in robes main with ensuite on ground floor
Lovely modern kitchen with dishwasher and breakfast bar
Bathroom with large walk-in shower & toilet
Separate 3rd toilet on ground level for convenience
Sliding glass doors from living area to enclosed outdoor entertainment courtyard
Double glazed windows and fully insulated and NBN connected
Plenty of storage options internally along with a Garden shed externally
Single garage with internal access & space for another vehicle out front
Quietly positioned at the end of the villa complex approx 1km from University of Tasmania, Australian Maritime College and Mowbray shopping precinct and less than 5km to CBD.

Council rates: $455 p/q approx.
Water rates: $300 p/q approx.
Body Corporate Fees: $146 p/q approx.
Building size: 123m2 approx.
Land size: 254m2 approx.
Rental Estimate: Currently tenanted receiving $600pw (Fully furnished) till June 2025

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 4/6 Olus Pl, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$505,000
03 Apr 2025
Listed for Rent
$580/w
13 May 2022
  • 03 Apr 2025
    Sold for $505,000
  • 03 Mar 2025
    Listed for Sale $499,000 - $529,000.
  • 15 Apr 2022
    Listed for Rent $580 / 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 2,985 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:

  • The median value for Houses in Newnham is $491,229 while the median value for Units is $367,742.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 119 properties were sold in the past 12 months in Newnham.

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© Copyright 2025. 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.

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