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1/2-6 Newnham Close, Newnham TAS 7248

Offers Between $425,000 - $475,000

Search Band Search Visibility Band

$400k - $450k High Confidence Calculated based on strong search observations.

Unit 2 Beds 1 Bath 2 Cars 165 m²

Listed: 20 days ago

Updated: 9 hours ago

Overview

This neat two-bedroom unit in Newnham offers a thoughtfully practical and low-maintenance living environment, ideal for first-home buyers, downsizers, or investors. The open-plan kitchen, dining, and living areas create a functional and inviting space enhanced by ample bench space and storage, catering well to everyday living needs. Comfort is assured year-round with a reverse-cycle heat pump, addressing climate considerations efficiently.

Both bedrooms provide generous space and built-in robes, supporting storage and personal organisation, while the central bathroom is designed for convenience by incorporating the laundry, optimizing the use of space:

Low-maintenance yard with an easily managed garden space
Additional garden shed for extra storage capacity
A single undercover carport complemented by an additional parking space, offering practical vehicle accommodation

Strategically positioned for accessibility, the property is within convenient reach of key local amenities including the Mowbray Shopping Centre, schools, reliable public transport options, and tertiary education facilities such as the Australian Maritime College and the University of Tasmania campus. The proximity to Launceston's CBD adds to the location's appeal.

Currently tenanted at $450 per week with a lease until September 2027, this property represents a strong opportunity for those seeking an easy-care and well-located residential unit with established tenancy, promising potential returns and lifestyle benefits.

Local Market Insights

In Newnham, Quiet Listings observed 5 new units entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $547,000. The property type mix of listed properties is predominantly Houses at 76%, followed by units (15%), and home for sales (6%). The most active agency for units in the Newnham area is currently Harrison Humphreys Real Estate, representing 40% of new listings, followed by Sushames Real Estate with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.