Median Sale Price
House
$320K
Updated on Aug 2020
2 BR $280K | 3 BR $310K | 4 BR $400K |
Unit
$272K
Updated on Aug 2020
1 BR - | 2 BR $235K | 3 BR $332K |
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 | 123 |
| 2020 | $325,000 | +7.5% | $170,000 | $555,000 | 58 |
Median Sale Price
$315K
Based on 83 recorded sales within the last 12 months
Updated on 26 Sep 2020
Suburb Growth
+8.1%
Current Median Price: $315,000
Previous Median Price: $289,600
Based on 205 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$340
Updated on Aug 2020
2 BR $280 | 3 BR $345 | 4 BR $430 |
Unit
$250
Updated on Aug 2020
1 BR $190 | 2 BR $250 | 3 BR $360 |
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 | 77 |
| 2020 | $345 | +4.3% | $195 | $490 | 42 |
Median Rent Price
$345
per week
Based on 62 recorded rent within the last 12 months
Updated on 26 Sep 2020
Rent Price Growth
+5.8%
Current Median Rent: $345
Previous Median Rent: $325
Based on 139 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.7%
Current Median Price: $315,000
Current Median rent: $345
Based on 145 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)
Auction Results For Newnham
Houses sold in Last 12 months ends 19 Sep 2020
$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 |