Median Sale Price
House
$349K
Updated on Apr 2021
2 BR $304K | 3 BR $340K | 4 BR $413K |
Unit
$280K
Updated on Apr 2021
1 BR - | 2 BR $237K | 3 BR $335K |
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 | $370,000 | +10.3% | $240,000 | $542,000 | 56 |
Median Sale Price
$355K
Based on 104 recorded sales within the last 12 months
Updated on 21 Jun 2021
Suburb Growth
+12.7%
Current Median Price: $355,200
Previous Median Price: $310,000
Based on 204 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$365
Updated on May 2021
2 BR $270 | 3 BR $370 | 4 BR $450 |
Unit
$270
Updated on May 2021
1 BR $200 | 2 BR $260 | 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 | $290 | +6.9% | $125 | $540 | 99 |
| 2017 | $300 | +3.3% | $110 | $550 | 65 |
| 2018 | $320 | +6.3% | $240 | $470 | 61 |
| 2019 | $330 | +3.0% | $200 | $520 | 78 |
| 2020 | $350 | +5.7% | $195 | $490 | 56 |
| 2021 | $390 | +10.3% | $210 | $480 | 33 |
Median Rent Price
$375
per week
Based on 57 recorded rent within the last 12 months
Updated on 21 Jun 2021
Rent Price Growth
+12.0%
Current Median Rent: $375
Previous Median Rent: $330
Based on 128 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.5%
Current Median Price: $355,200
Current Median rent: $375
Based on 161 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)
Auction Results For Newnham
Houses sold in Last 12 months ends 19 Jun 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 |