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Back 2/1 Olus Place
Off Market

2/1 Olus Place

Newnham TAS 7248

3
1
1
143 m²
203 m²
Unit
Last sold for $480,000
Ananda CairnsAnanda Cairns, last sold this property on 02 October 2025 after 58 days on market.

Overview

Ultra Low Maintenance!

Tucked away in a quiet, secure enclave just a short walk from the University of Tasmania’s Newnham campus, this contemporary townhouse delivers stylish, low-maintenance living across two spacious levels. Immaculately presented throughout, the home features a thoughtful layout with three generous bedrooms—all complete with built-in robes—and a sleek central bathroom upstairs. Downstairs, the heart of the home is the open-plan kitchen, living, and dining zone, designed for effortless living and entertaining. The kitchen is a standout with quality appliances, ample storage, and an expansive island bench with breakfast bar. Flowing seamlessly from the dining area, sliding glass doors open to a private, low-maintenance courtyard—ideal for relaxed outdoor living. Comfort is assured year-round with reverse cycle air-conditioning, while internal access from the secure single garage adds everyday convenience. Perfectly positioned just moments from UTAS, TAFE, and everyday essentials, this modern townhouse presents a fantastic opportunity for first home buyers, downsizers, or savvy investors alike. Council rates: $453 p/q approx. Water rates: $360 p/q approx. Land size: 203m2 approx. Building size: 143m2 approx. Year built: 2015 Currently tenanted until 3/2/2026 - $450 per week. Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
143 m² floor area
203 m² lot size
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Newnham over the last 12 months, the estimated median property value of 2/1 Olus Place is $522.5k.

Median value
$522.5k
Estimated value range
$375k - $603.5k
Median days on market
44
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newnham. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/1 Olus Place

2025
Sold
$480,000
02 Oct 2025 by Ananda Cairns, of Key2 Property
2020
Rented
Undisclosed
Leased on 03 Aug 2020 by Key2 Property
2020
Sold
$315,000
08 Jul 2020 by Ananda Cairns, of Key2 Property

Happy sellers in Newnham

95%
95% of sellers in Newnham reported that their sale price either exceeded or met their price expectations.

Newnham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 32 reviews in Newnham over the last 12 months.

Local market activity for 3 bedroom units in Newnham

In the last 12 months, 9 three-bedroom units similar to 2/1 Olus Place, have been sold.

This represents a 150% decrease in three-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Newnham

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Jeremy Wilkinson

Sellers who recommend Jeremy Wilkinson have praised them for being clear communication, local expert, responsive, honest, supportive, reliable and friendly

  •   4.9   (883 reviews)
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Jarrah Burns

Sellers who recommend Jarrah Burns have praised them for being clear communication, local expert, responsive, honest, friendly, reliable and supportive

  •   4.9   (713 reviews)
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Neil Hawkins

Sellers who recommend Neil Hawkins have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and stress-free process

  •   4.9   (257 reviews)
  •  4 Reviews in Newnham
  •  4 Sales in Newnham
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Lochie Young

Lochie Young is a recommended agent for Newnham.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (11 reviews)
  •  2 Reviews in Newnham
  •  3 Sales in Newnham
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