99 Parklands ParadeNewnham TAS 7248
Property Details for 99 Parklands Pde, Newnham
Last Listing description (February 2022)
Rarely do we present to the market a parcel of 77.297 Ha of subdivision land with a 'Residential' zoning.
The offering comprises the major component of 'The Green Specific Area Plan (TGSAP)', which is an award winning Urban Planning framework which has been recognized nationally and locally.
The property adjoins 4 existing Northern Launceston suburbs and is ready to meet Northern Tasmania's 'Affordable Housing' requirements.
Elevated land with panoramic city view, yet 10 minutes uninterrupted travelling time to the city centre.
Strategically planned with accessibility to major infrastructure services in the area.
This represents one of Launceston's most important parcels of residential land to meet the needs of Affordable Housing in the city.
Strong Economic factors are pointing to exciting growth in Northern Tasmania's largest City and this land presents developers with an opportunity to be a major contributor to this growth.
Property History for 99 Parklands Pde, Newnham, TAS 7248
- 04 Feb 2022Sold for $5,100,000
- 26 Jul 2019Listed for Sale By Offer
- 22 Jan 2018Listed for Sale Expression of Interest closing 2 March 2018 at 4pm
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About 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 2,992 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:
- The median value for Houses in Newnham is $598,139 while the median value for Units is $440,352.
- Houses have a median rent of $540 while Units have a median rent of $450.
Suburb Insights for Newnham 7248
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