Back 4/4 Parklands Parade
Off Market

4/4 Parklands Parade

Newnham TAS 7248

2
1
1
70 m²
232.1 m²
Unit
Last sold for $320,000
Beck RoutleyBeck Routley, last sold this property on 18 August 2025 after 10 days on market.

Overview

Another Property SOLD SMARTRE by Peter Lees Real Estate

This low-maintenance property presents a fantastic opportunity for investors seeking reliable returns. Currently tenanted at $365 per week with a lease in place until June 2026, it's managed by Peter Lees Real Estate and offers immediate income. Property Features: Flooring: Carpet in bedrooms; lino in kitchen, bathroom, and combined bathroom/laundry Appliances: Freestanding Chef electric stove Fixtures: Standard light fittings throughout; some fly screens installed Heating: Electric panel heaters; External: Small garden shed; single car space under a multi-car carport Land size: 232m² | Building size: 69m² Ideal for investors seeking a well-maintained and tenanted property Rates: Approx $1300 p.a Water: Approx $1200 p.a Body Corp: Steadfast Taswide $740 p.a Current Lease $365 per week Lease End date: 19/6/2026 Don't miss out on this solid addition to your portfolio! *Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries. Boundary lines are indicative only.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
70 m² floor area
232.1 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Newnham over the last 12 months, the estimated median property value of 4/4 Parklands Parade is $412.5k.

Median value
$412.5k
Estimated value range
$275k - $600k
Median days on market
23
Estimated value trend
20%
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 4/4 Parklands Parade

2025
Sold
$320,000
Private Sale/Treaty on 18 Aug 2025 by Beck Routley, of Peter Lees Real Estate
2023
Rented
Undisclosed
Leased on 01 Nov 2023 by LJ Hooker Launceston
2018
Sold
$185,000
Private Sale/Treaty on 16 Mar 2018 by Justin Goebel, of LJ Hooker Launceston

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 2 bedroom units in Newnham

In the last 12 months, 18 two-bedroom units similar to 4/4 Parklands Parade, have been sold.

This represents a 5% increase in two-bedroom units sales when compared to the previous 12 months.

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