FREE Property Report

Unit 2,
31 GEORGE TOWN ROAD Newnham TAS 7248

This property is Off Market

All about Newnham Homes for sale in Newnham

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 39.67 km
Potential bushfire risk 0 / 10
Report as to subsidence
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Harcourts 6 MAIDEN PL, Best Offer Over $599,000 4 Beds - 2 Baths - 2 Parking Within 0.2 km Elders 21 EGAN ST, 3 Beds - 1 Baths - 2 Parking Within 0.4 km Harcourts UNIT 6, 23 HORTUS PL, Best offer over $485,000 3 Beds - 1 Baths - 1 Parking Within 0.4 km Harcourts 33 PARKLANDS PDE, By Offer Closing 18th Nov Unless Sold Prior 4 Beds - 2 Baths - 1 Parking Within 0.5 km Elders UNIT 2, 114 GEORGE TOWN RD, Offers Over $350,000 4 Beds - 1 Baths - Parking Within 0.6 km The Agency 62 PARUA RD, Offers Over $459,000 3 Beds - 2 Baths - 2 Parking Within 0.7 km Elders 58 PARINGA AV, 4 Beds - 2 Baths - 3 Parking Within 1.0 km Harcourts UNIT 2, 35 ROTHESAY CL, Best Offer Over $585,000 3 Beds - 2 Baths - 2 Parking Within 1.2 km The Agency 14 GOYA RD, Offers Over $539,000 3 Beds - 2 Baths - 4 Parking Within 1.8 km Harcourts 251-259 ALANVALE RD, Contact Agent 12 Beds - 6 Baths - 10 Parking Within 2.0 km

Recently Sold Properties in this Area

About Newnham - Mayfield

With an average age of 32, households expect an average monthly mortgage payment of $1,066 or a weekly rent payment of $268. The average family earns a weekly income of $1,241 with a typical household size of 2.4 and a 94.8% 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 train

Western Junction tram

Penny Royal tram

Windmill

Tamar River Cruises ship

Cataract Cruises

General Points of Interest

Northern Athletics Centre sport

BMX track

Trevallyn War Memorial

Penny Royal Windmill

Poppy Garden swimming

Launceston Aquatic monument

Statue of Venus

Senses Garden Fountain

Water Wheel sport

Horse Riding Area

Population

(Country of Birth not stated 4%)

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

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

East Tamar Primary School
Mowbray Heights Primary School
Mowbray, TAS, 7248 State K-6
Brooks High School
Rocherlea, TAS, 7248 State 7-10
Invermay Primary School
Invermay, TAS, 7248 State K-6
Riverside Primary School
Riverside, TAS, 7250 State K-6
St Anthony's Catholic School
Riverside, TAS, 7250 Independent Prep-6
East Tamar Primary School
Mayfield, TAS, 7248 State K-6
Riverside High School
Riverside, TAS, 7250 State 7-10
Launceston Church Grammar School
Mowbray, TAS, 7248 Independent Prep-12
Launceston Christian School
Riverside, TAS, 7250 Independent Prep-12
St Finn Barr's Catholic Primary School
Invermay, TAS, 7248 Independent Prep-6

Property Story

Unit 2, 31 George Town Road, Newnham, Tas, 7248 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated distance to the sea is 39.67km and at least 1.02KM to vegatation considered to be a factor in bushfire risk.

Local Developments

To see the latest development applications

Join us

Already have an account? Sign in

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.

Report this property

Lawlab logo