Newnham, TAS 7248

Newnham, TAS 7248

Compare Part of Launceston

166.77 km
Distance from CBD
15 k
Population
Median Sale Price
House
$308K
Updated on Nov 2019
2 BR
$265K
3 BR
$286K
4 BR
$391K
Unit
$195K
Updated on Nov 2019
1 BR
-
2 BR
$193K
3 BR
$300K
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
$300,750
+8.2% $168,000 $560,000 113
Median Sale Price
$301K
Based on 118 recorded sales within the last 12 months
Updated on 15 Dec 2019
Suburb Growth
+7.2%
Current Median Price: $300,750
Previous Median Price: $279,000
Based on 222 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2019)
Price Range Segments (12 months ending Nov 2019)
Median Weekly Rent Price
House
$300
Updated on Nov 2019
2 BR
$260
3 BR
$300
4 BR
$440
Unit
$228
Updated on Nov 2019
1 BR
$180
2 BR
$228
3 BR
$303
4 BR
$250
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 $450 114
2016
$280
+3.6% $125 $540 99
2017
$300
+6.7% $110 $550 65
2018
$320
+6.3% $230 $450 61
2019
$325
+1.5% $200 $500 64
Median Rent Price
$320
per week
Based on 67 recorded rent within the last 12 months
Updated on 15 Dec 2019
Rent Price Growth
0.0%
Current Median Rent: $320
Previous Median Rent: $320
Based on 129 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.5%
Current Median Price: $300,750
Current Median rent: $320
Based on 185 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2019)

Auction Results For Newnham

Houses sold in Last 12 months ends 14 Dec 2019

$315K

Median Sale Price

100%

Clearance Rate

42/42

Sold/Reported

$498K

Highest Sale Price

Sold Price Range No. of Sold Properties
$400 K - $600 K 6
less than $400 K
(Median Price Range)
22

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