Back 3/1 Newnham Close
Off Market

3/1 Newnham Close

Newnham TAS 7248

2
1
1
75 m²
251 m²
House
Last sold for $345,000
Gary ThomasGary Thomas, last sold this property on 09 July 2026 after -6 days on market.

Overview

Solid Investment Opportunity in a Convenient Newnham Location

Positioned in the ever-popular northern suburb of Newnham, this well-maintained two-bedroom unit presents an outstanding opportunity for investors seeking an affordable property with an established rental return. Currently tenanted at $360 per week, this low-maintenance unit was built in the 1990s and offers immediate income from day one. Conveniently located just minutes from the Mowbray Shopping Centre, the University of Tasmania's Newnham campus, the Australian Maritime College, and a reliable public bus service, the property enjoys excellent access to education, shopping, and transport, making it a consistently attractive rental proposition. Property Features: Two comfortable bedrooms Solid brick construction built in the 1990s Currently leased at $360 per week Low-maintenance investment Close to Mowbray Shopping Centre Minutes to the University of Tasmania and Australian Maritime College Situated on a reliable public transport route Ideal addition to an investment portfolio or an affordable entry into the property market Whether you're looking to expand your investment portfolio or secure a property in a high-demand rental location, this Newnham unit represents excellent value and strong potential. Contact us today to arrange your inspection or request further information.

Features

2 bedrooms
1 bathroom
1 carspace
75 m² floor area
251 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Newnham over the last 12 months, the estimated median property value of 3/1 Newnham Close is $520k.

Median value
$520k
Estimated value range
$345k - $590k
Median days on market
9
Estimated value trend
45%
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 3/1 Newnham Close

2026
Sold
$345,000
Private Sale/Treaty on 09 Jul 2026 by Gary Thomas, of Harcourts Devonport & Shearwater
2026
Sold
Undisclosed
07 Jul 2026 by Gary Thomas, of Living Here Launceston
2017
Rented
Undisclosed
Leased on 28 Jun 2017 by Harcourts Devonport & Shearwater

Happy sellers in Newnham

96%
96% 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 35 reviews in Newnham over the last 12 months.

Local market activity for 2 bedroom houses in Newnham

In the last 12 months, 13 two-bedroom houses similar to 3/1 Newnham Close, have been sold.

This represents a 25% decrease in two-bedroom houses sales when compared to the previous 12 months.

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