Newnham, TAS 7248

Newnham, TAS 7248

Compare Part of Launceston

166.77 km
Distance from CBD
15 k
Population
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