Median Sale Price
House
$309K
Updated on Jan 2020
2 BR $259K | 3 BR $290K | 4 BR $410K |
Unit
$200K
Updated on Jan 2020
1 BR - | 2 BR $195K | 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 | $302,500 | +8.8% | $168,000 | $560,000 | 123 |
| 2020 | $300,000 | -0.8% | $210,000 | $555,000 | 12 |
Median Sale Price
$305K
Based on 119 recorded sales within the last 12 months
Updated on 26 Feb 2020
Suburb Growth
+8.2%
Current Median Price: $305,000
Previous Median Price: $280,000
Based on 222 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$310
Updated on Jan 2020
2 BR $275 | 3 BR $320 | 4 BR $430 |
Unit
$225
Updated on Jan 2020
1 BR $185 | 2 BR $225 | 3 BR $270 | 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 | $470 | 114 |
| 2016 | $285 | +5.3% | $125 | $540 | 99 |
| 2017 | $300 | +5.0% | $110 | $550 | 65 |
| 2018 | $320 | +6.3% | $230 | $450 | 61 |
| 2019 | $330 | +3.0% | $200 | $500 | 77 |
| 2020 | $360 | +8.3% | $200 | $490 | 9 |
Median Rent Price
$330
per week
Based on 70 recorded rent within the last 12 months
Updated on 26 Feb 2020
Rent Price Growth
+3.0%
Current Median Rent: $330
Previous Median Rent: $320
Based on 137 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.6%
Current Median Price: $305,000
Current Median rent: $330
Based on 189 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Newnham
Houses sold in Last 12 months ends 22 Feb 2020
$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 | |
Similar Suburbs to Newnham 7248
Based on median house sale price sold in last 12 months
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 |