Newnham at a glance
7,263
People
$631,000
Median sale
$448/wk
Median rent
3.69%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
TAS › Newnham › George Town Rd
$450,000
Last sold
5 Aug 2024
4
Bedrooms
2
Bathrooms
5
Car spaces
1,775 m²
Land
109 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$450,000
5 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Newnham (last 5 years) with land size have a median of $826/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
Newnham at a glance
7,263
People
$631,000
Median sale
$448/wk
Median rent
3.69%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs Newnham
-28.7%
Median sale
Suburb $631,000
+1.49 pp
Gross yield
Suburb 3.69%
Suburb median $631,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Launceston Local Provisions Schedule
Zone
Utilities
120.26
Jurisdiction
Launceston
Launceston, TAS
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASZoned Utilities · 120.26 (Launceston Local Provisions Schedule). Official parcel area about 2,337 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $448/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Utilities · 120.26 (Launceston Local Provisions Schedule). Official parcel area about 2,337 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 2,337 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Newnham at a glance
7,263
People
$631,000
Median sale
$448/wk
Median rent
3.69%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts LauncestonExplore the character of this circa 1908 four-bedroom home, offering great potential to add value to your investment through your personal touches. Set on a spacious 1775 sqm block with mature trees providing natural privacy, this residence exudes a simple charm. The open-plan kitchen and dining area boast practicality, featuring a large 5-burner gas cooktop. With two cosy living spaces, including a lounge with French doors leading to a courtyard, the home encourages a relaxed lifestyle.
Four bedrooms, including a master with walk-in storage and French doors, along with updated bathrooms make it ideal for a family. The house retains period features such as high ceilings, stained glass and ornate timber fretwork, blending history with everyday living.
Enjoy comfort year-round with reverse cycle air conditioning and wood heating for winter warmth. Practicalities include a double garage, plenty of off-street parking and garden sheds for storage. Conveniently located close to shops, supermarkets, and city amenities, the home is also in proximity to the University of Tasmania, the Australian Maritime College, and TAFE College. Just a 4-minute drive to the Mowbray shopping precinct and 8 minutes to Launceston's CBD, this unassuming residence invites you to make it your own.
Key Features:
• A circa 1908 four-bedroom home with great potential to value add
• Large, flat 1775 sqm block with established trees
• Privacy assured with a natural screening of mature trees and shrubs
• Open plan kitchen and dining room with the kitchen featuring a large 5 burner gas cooktop
• Two living spaces with the lounge having French doors to lead out to a courtyard
• Four bedrooms in total with the master offering a space for walk-in storage & French doors to outside
•Two updated bathrooms - great for families
• Period features of high ceilings, stained glass & ornate timber fret work
• Reverse cycle air conditioning
• Wood heating for extra cosiness in winter
• Double garage, plenty of off-street parking & garden sheds
• Close to shops, supermarkets & all city conveniences
• Close to University of Tas, Aust Maritime College & TAFE College
• Just 4 minutes' drive to Mowbray shopping precinct
• Only 8 minutes' drive to Launceston's CBD
Contact Jeremy Wilkinson for further information.
Rental estimate: Up to $530 pw
Property size: 109 sqm
Land size: 1775 sqm
Built: 1908
Council: Launceston City
Zoning: General Residential
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
Listing description written by Jeremy Wilkinson, Harcourts Launceston — reproduced as published, not verified by Districts.