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 › Josephine Pl
$595,000
Last sold
22 July 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$595,000
22 July 2025 · derived via latest_sale
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
-5.7%
Median sale
Suburb $631,000
+0.23 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 data is being calculated
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
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Harrison Agents LauncestonTucked away in a quiet cul-de-sac, this spacious and solid brick home is perfect for families wanting room to move in a peaceful, well-established neighbourhood.
The home has generous proportions throughout, with the kitchen sitting at the heart of the floor plan. Recently updated with a new benchtop, it connects to the open-plan living and dining area, which flows through to a second family space, ideal for growing families or those who like to entertain.
Sliding doors open to an undercover entertaining area that looks out over a private, flat backyard with beautifully maintained gardens. A rear gate offers direct access to the Mt Stuart Reserve, giving you walking trails and green open space right on your doorstep.
The home offers three spacious bedrooms, all well-lit and functional, with the main bathroom featuring both a bath and a shower, plus a separate toilet. There's also a good-sized laundry with plenty of room for storage. Ducted heating runs throughout the home, keeping it comfortable through all seasons.
Outside, the home includes a remote-access single garage, as well as two separate driveways, ideal for extra vehicles, a trailer, or even a caravan. The backyard is secure and low-maintenance, perfect for kids or pets.
Positioned in a family-friendly part of Newnham, you're close to local reserves, parks, and playgrounds. The University of Tasmania, Australian Maritime College, and TasTAFE campuses are all nearby, with Launceston CBD just a short drive away.
This is a much-loved home that offers space, flexibility, and a great lifestyle in a tightly held pocket of Newnham. A fantastic option for families, first-home buyers or those looking to upsize in a peaceful area.
Rental estimate: $520-$540 p/w
House size: 158m2
Land size: 731m2
Council Rates: $2,000 p/a approx
Water Rates: $1,075 p/a approx
The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.
Listing description written by Michael Dearsley, Harrison Agents Launceston — reproduced as published, not verified by Districts.