Median Sale Price
House
$330K
Updated on Dec 2020
2 BR $285K | 3 BR $328K | 4 BR $360K |
Unit
$255K
Updated on Dec 2020
1 BR - | 2 BR $213K | 3 BR $335K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $250,000 | 0.0% | $158,000 | $710,000 | 103 |
| 2010 | $250,000 | 0.0% | $125,000 | $420,000 | 80 |
| 2011 | $257,000 | +2.7% | $115,000 | $3,200,000 | 77 |
| 2012 | $265,000 | +3.0% | $149,500 | $440,000 | 78 |
| 2013 | $264,000 | -0.4% | $80,000 | $480,000 | 128 |
| 2014 | $235,000 | -12.3% | $90,000 | $590,000 | 81 |
| 2015 | $255,000 | +7.8% | $145,000 | $430,000 | 82 |
| 2016 | $254,000 | -0.4% | $93,500 | $395,000 | 89 |
| 2017 | $250,000 | -1.6% | $102,500 | $620,000 | 122 |
| 2018 | $276,000 | +9.4% | $150,000 | $500,000 | 104 |
| 2019 | $302,500 | +8.8% | $168,000 | $560,000 | 123 |
| 2020 | $335,000 | +9.7% | $170,000 | $895,000 | 85 |
| 2021 | $355,200 | +5.7% | $325,000 | $450,000 | 7 |
Median Sale Price
$340K
Based on 90 recorded sales within the last 12 months
Updated on 16 Jan 2021
Suburb Growth
+10.3%
Current Median Price: $340,000
Previous Median Price: $305,000
Based on 214 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$350
Updated on Dec 2020
2 BR $273 | 3 BR $355 | 4 BR $400 |
Unit
$250
Updated on Dec 2020
1 BR $198 | 2 BR $250 | 3 BR $380 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | $250 | 0.0% | $250 | $250 | 1 |
| 2013 | $250 | 0.0% | $130 | $250 | 2 |
| 2014 | $275 | +9.1% | $130 | $430 | 69 |
| 2015 | $270 | -1.9% | $150 | $470 | 114 |
| 2016 | $285 | +5.3% | $125 | $540 | 99 |
| 2017 | $300 | +5.0% | $110 | $550 | 65 |
| 2018 | $320 | +6.3% | $230 | $470 | 61 |
| 2019 | $330 | +3.0% | $200 | $500 | 78 |
| 2020 | $345 | +4.3% | $195 | $490 | 52 |
| 2021 | - | - | - | - | - |
Median Rent Price
$345
per week
Based on 48 recorded rent within the last 12 months
Updated on 16 Jan 2021
Rent Price Growth
+4.3%
Current Median Rent: $345
Previous Median Rent: $330
Based on 129 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.3%
Current Median Price: $340,000
Current Median rent: $345
Based on 138 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Newnham
Houses sold in Last 12 months ends 9 Jan 2021
$310K
Median Sale Price
100%
Clearance Rate
3/3
Sold/Reported
$310K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| less than $400 K (Median Price Range) | 1 | |
Schools closest to Newnham, TAS 7248
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| East Tamar Primary School | Mayfield 7248 | Primary | Government | 0.37 km |
| Brooks High School | 215 GEORGE TOWN RDRocherlea 7248 | Secondary | Government | 1.33 km |
| Mowbray Heights Primary School | CADORNA STREETMowbray 7248 | Primary | Government | 1.62 km |
| Launceston Church Grammar SchoolTop 10 | BUTTON STREETMowbray 7248 | Combined | Independent | 2.18 km |