5/5-7 Patricia PlaceNewnham TAS 7248
Property Details for 5/5-7 Patricia Pl, Newnham
5/5-7 Patricia Pl, Newnham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 202m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (May 2018)
Perfectly positioned in Patricia Place, if you're looking to commence or indeed increase your investment portfolio, this Unit will certainly tick all your boxes. With an appealing 7% rental return, this 2 bedroom brick unit has a lease secured through to January 2019. On a flat block with fenced yard, this property is conveniently located close to the University and local shopping strip, making an attractive opportunity for investors and tenants alike, or for those simply looking to downsize to a smaller home in a handy location. With plenty of natural light, the neat and tidy kitchen flows through to a spacious living area and provides access to the rear yard. Both bedrooms include built-ins and are serviced by a generously sized combined bathroom/laundry. Be quick to ensure you don't miss out on this ideal opportunity.
Property History for 5/5-7 Patricia Pl, Newnham, TAS 7248
- 12 Apr 2018Listed for Sale Offers Over $169,000
- 09 Aug 2016Sold for $160,000
- 05 Jul 2016Listed for Sale $169,950
Recent sales nearby
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0About Newnham 7248
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 2,990 properties. Over the last 5 years, Houses in Newnham have seen a 65.03% increase in median value, while Units have seen a 54.93% increase. As at 30 June 2026:
- The median value for Houses in Newnham is $600,818 while the median value for Units is $454,795.
- Houses have a median rent of $550 while Units have a median rent of $450.
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