Newnham, TAS 7248

Newnham, TAS 7248

Compare Part of Launceston

166.77 km
Distance from CBD
15 k
Population
Median Sale Price
House
$470K
Updated on May 2022
2 BR
$390K
3 BR
$461K
4 BR
$574K
Unit
$341K
Updated on May 2022
1 BR
-
2 BR
$320K
3 BR
$478K
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
$249,000
+5.6% $145,000 $430,000 85
2016
$250,000
+0.4% $93,500 $395,000 95
2017
$250,000
0.0% $102,500 $620,000 128
2018
$275,000
+9.1% $150,000 $500,000 108
2019
$300,000
+8.3% $168,000 $560,000 127
2020
$335,000
+10.4% $170,000 $895,000 95
2021
$435,000
+23.0% $240,000 $772,000 108
2022
$480,000
+9.4% $292,000 $770,000 41
Median Sale Price
$478K
Based on 86 recorded sales within the last 12 months
Updated on 8 Jul 2022
Suburb Growth
+24.7%
Current Median Price: $478,000
Previous Median Price: $360,000
Based on 195 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jun 2022)
Price Range Segments (12 months ending Jun 2022)
Median Weekly Rent Price
House
$415
Updated on May 2022
2 BR
$335
3 BR
$420
4 BR
$505
Unit
$320
Updated on May 2022
1 BR
$210
2 BR
$320
3 BR
$470
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
$280
+10.7% $130 $430 69
2015
$270
-3.7% $150 $470 114
2016
$290
+6.9% $125 $540 99
2017
$305
+4.9% $110 $570 65
2018
$320
+4.7% $240 $470 61
2019
$330
+3.0% $200 $520 78
2020
$350
+5.7% $195 $490 56
2021
$410
+14.6% $185 $680 74
2022
$420
+2.4% $320 $650 37
Median Rent Price
$420
per week
Based on 67 recorded rent within the last 12 months
Updated on 8 Jul 2022
Rent Price Growth
+9.5%
Current Median Rent: $420
Previous Median Rent: $380
Based on 134 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.6%
Current Median Price: $478,000
Current Median rent: $420
Based on 153 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jun 2022)

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