Newnham, TAS 7248

Newnham, TAS 7248

Compare Part of Launceston

166.77 km
Distance from CBD
15 k
Population
Median Sale Price
House
$334K
Updated on Feb 2021
2 BR
$304K
3 BR
$330K
4 BR
$395K
Unit
$250K
Updated on Feb 2021
1 BR
-
2 BR
$220K
3 BR
$339K
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
$332,000
+8.9% $170,000 $895,000 86
2021
$360,000
+7.8% $240,000 $525,000 33
Median Sale Price
$348K
Based on 91 recorded sales within the last 12 months
Updated on 23 Apr 2021
Suburb Growth
+12.4%
Current Median Price: $348,000
Previous Median Price: $305,000
Based on 208 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$360
Updated on Mar 2021
2 BR
$270
3 BR
$363
4 BR
$425
Unit
$268
Updated on Mar 2021
1 BR
$175
2 BR
$255
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
$350
+5.7% $195 $490 56
2021
$390
+10.3% $210 $480 21
Median Rent Price
$365
per week
Based on 56 recorded rent within the last 12 months
Updated on 23 Apr 2021
Rent Price Growth
+9.6%
Current Median Rent: $365
Previous Median Rent: $330
Based on 125 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.5%
Current Median Price: $348,000
Current Median rent: $365
Based on 147 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)

Auction Results For Newnham

Houses sold in Last 12 months ends 17 Apr 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