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 |