40 Paringa Avenue, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

40 Paringa Avenue
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 193m2
Land area: 612m2
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Property Details for 40 Paringa Ave, Newnham

40 Paringa Ave, Newnham is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1968. The property has a land size of 612m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
House
Year Built
1968
Floor Size
193m2
Land Size
612m2
Local Government
Launceston
Lot/Plan
115/22122

Last Listing description (March 2021)

This superbly maintained three bedroom brick home represents sensational value for the first time buyer, young family or investor with generous proportions throughout.

The home already possesses separate lounge and dining, a spacious kitchen plus three good sized bedrooms with built in wardrobes, heat-pump and wood fire but the real standout in this house for me was all the room under the house. Underneath, there is a choice of work shop spaces and excellent storage options which I am sure you will be able to find a heaps of uses for. The laundry is also internal with the added benefit of a 2nd toilet.


A huge bonus is the drive through garage which then has the added benefit of a carport out back which can double as an outdoor entertaining area or on those really nice days a place to work on your hobbies outside but under cover. There is also enough room for you to put the trailer down one side of the house.... how good is that? This home represents outstanding value and should not be missed. Inspect today.

Property History for 40 Paringa Ave, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$250,000
01 Dec 2016
  • 01 Dec 2016
    Sold for $250,000
  • 27 Oct 2016
    Listed for Sale Offers Over $239,000
  • 21 Dec 2004
    Sold for $225,000
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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 2,992 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 12 properties listed for sale, and 4 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 149 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.