48 Tompsons Lane, Newnham is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1961. The property has a land size of 660m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Strategically located near Mowbray's vibrant shopping district and just an 8-minute drive to the heart of Launceston's CBD, this spacious 119m home offers a fantastic opportunity for first home buyers and savvy investors looking for value in a prime location.
With plenty of natural light streaming in throughout the day, this home retains many of its original features, offering the chance to inject some personal style and add value with a little hard work and elbow grease. Boasting three generously sized bedrooms, each equipped with built-in robes, the home offers more storage space than many properties in this price range.
The expansive kitchen and dining area provide a solid foundation for modern upgrades, while the open-plan lounge is well-equipped with ample heating to keep things cosy throughout the year. The updated bathroom includes a bath, shower, and separate toilet, offering convenience and functionality.
Parking is a breeze with a single garage and additional space in front for another vehicle. The large, easy-care yard further adds to the appeal, while the front veranda presents a sunny spot to relax and unwind.
Whether you're entering the property market or expanding your portfolio, this home delivers size and potential that far surpasses many in its price bracket. With a little vision and effort, you'll have a property that stands out from the rest, offering a solid foundation for future growth.
The size of Newnham is approximately 6.1 square kilometres. There are 8 parks, covering nearly 2.7% of the 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 2,991 properties. Over the last 5 years, Houses in Newnham have seen a 68.07% increase in median value, while Units have seen a 55.65% increase. As at 31 May 2026:
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