50 Parua Road, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

50 Parua Road
Newnham TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 116m2
Land area: 734m2
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Property Details for 50 Parua Rd, Newnham

50 Parua Rd, Newnham is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 734m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
House
Year Built
1975
Floor Size
116m2
Land Size
734m2
Local Government
Launceston
Lot/Plan
237/20827

Last Listing description (June 2019)

This cosy and comfortable home offers great storage space, plenty of natural sunlight, and a convenient location.

The spacious home features plenty of windows to allow for all-day sun and a pleasant outlook of the golf course beyond, and the open-plan floorplan features polished floorboards, a generous sized living room and new kitchen.

Below the home is a double garage and large laundry/storage area, as well as a sheltered entertaining area. The yard is secure and features established fruit trees.

The home is fitted with solar panels which dramatically reduce the electricity costs.

The property is conveniently located close to the TAFE, Heritage Forest, golf course, and local shops and services.

A great starter or investment opportunity!

Council rates: $312.50 p/q approx.
Water rates: $230 p/q approx.
Land size: 734m2 approx.
Building size: 112m2 approx.
Year built: 1975
Rental Estimate: $270-$300 per week approx.

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.

Property History for 50 Parua Rd, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$238,000
06 Mar 2018
Listed for Rent
$320/w
01 Jun 2018
  • 15 May 2018
    Listed for Rent $320 / week
  • 06 Mar 2018
    Sold for $238,000
  • 06 Feb 2018
    Listed for Sale $225,000 - $245,000
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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 2,984 properties. Over the last 5 years, Houses in Newnham have seen a 69.74% increase in median value, while Units have seen a 63.74% increase. As at 31 January 2026:

  • The median value for Houses in Newnham is $539,298 while the median value for Units is $381,850.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 131 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.