7 Wallace Street, Newnham, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

7 Wallace Street
Newnham TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 86m2
Land area: 613m2
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Last updated 11 May 2026
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Property Details for 7 Wallace St, Newnham

7 Wallace St, Newnham is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1973. The property has a land size of 613m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
1973
Floor Size
86m2
Land Size
613m2
Local Government
Launceston
Lot/Plan
28/65320

Last Listing description (December 2022)

This well presented home situated in a lovely quiet street, offering a modern feel inside and out.

Features and Benefits;

- Main house plus an entertainers' space situated in the backyard
- Floorboards in living areas & carpet in the bedrooms
- Heat Pump for all your heating and cooling needs
- Gardener included

Property Layout & Yard Features;
- Open plan living
- 2 Bedrooms in main house
- Hallway storage cupboards
- Open space in the entertainers' room
- Modern bathroom
- Separate toilet and laundry
- Decking off dining area
- Large fully enclosed yard situated on a flat block
- Single carport

The property is situated within close proximity to Tas Tafe, Alanvale Campus, a short drive to Mowbray Marketplace, and only minutes from public transport which takes you directly to Launceston CBD.
This one wont last long, call now to book your inspection.

Lease Details and Property Connections;
- $395.00 rent per week
- $1580.00 bond
- 12 Month Lease
- NBN Connected
- Pets are considered upon application

To arrange an inspection is very easy! To book a time to inspect the property, simply click on "book an inspection time" and select from the available times. By registering, you will be informed of any updates, changes, or cancellations for your appointment

Property History for 7 Wallace St, Newnham, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$224,500
27 May 2017
Listed for Rent
$395/w
01 Dec 2022
  • 01 Dec 2022
    Listed for Rent $395 / week
  • 10 Jul 2019
    Listed for Rent - Price not available
  • 07 Jan 2019
    Listed for Rent - Price not available
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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 2,993 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 13 properties listed for sale, and 4 properties listed for rent in Newnham on OnTheHouse. According to Cotality's data, 148 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.