Unit 2, 114 GEORGE TOWN ROAD Newnham TAS 7248
This property is Off Market
- The Average property price in this area is $295,305, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 39.06 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Newnham - Mayfield
With an average age of 32, households expect an average monthly mortgage payment of $915 or a weekly rent payment of $220. The average family earns a weekly income of $1,095 with a typical household size of 2.3 and a 86.29% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Newnham is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Newnham provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Newnham requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
East Tamar
Penny Royal
Tamar River Cruises
General Points of Interest
Northern Athletics Centre
BMX track
Trevallyn War Memorial
Penny Royal Windmill
Poppy Garden
Launceston Aquatic
Statue of Venus
Senses Garden Fountain
Water Wheel
Horse Riding Area
Population
(Country of Birth not stated 9%)
Are people healthy?
There are a recorded 1320 asthma sufferers and 462 people living with diabetes. In addition, 410 people have a heart/vascular condition and 1089 people live with three or more chronic diseases.A good place to invest in property?
Newnham - Mayfield a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
Income
19 / 100
41 / 100
Industry
55 / 100
40 / 100
Population
52 / 100
40 / 100
House Prices
55 / 100
65 / 100
Jobs
28 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsEast Tamar Primary School
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East Tamar Primary School
Mayfield, TAS, 7248 State K-6 -
Launceston Church Grammar School
Mowbray, TAS, 7248 Independent Prep-12 -
Invermay Primary School
Invermay, TAS, 7248 State K-6 -
St Finn Barr's Catholic Primary School
Invermay, TAS, 7248 Independent Prep-6 -
Launceston Christian School
Riverside, TAS, 7250 Independent Prep-12 -
Brooks High School
Rocherlea, TAS, 7248 State 7-10 -
Riverside Primary School
Riverside, TAS, 7250 State K-6 -
Mowbray Heights Primary School
Mowbray, TAS, 7248 State K-6 -
St Anthony's Catholic School
Riverside, TAS, 7250 Independent Prep-6 -
Riverside High School
Riverside, TAS, 7250 State 7-10
Property Story
Unit 2, 114 George Town Road, Newnham, Tas, 7248 is a residential property . The estimated distance to the sea is 39.06km and at least 1.33KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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