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 › Penicola Pl
$645,000
Last sold
5 Sept 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
940 m²
Land
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
$645,000
5 Sept 2025 · 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
+2.2%
Median sale
Suburb $631,000
-0.08 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 Horizon Property TasmaniaWelcome to your dream home! Nestled in the heart of Newnham, 3 Penicola Place is a beautifully constructed 4-bedroom, 2-bathroom house, built in 2014, offering a perfect blend of modern living and family-friendly features. Set on a generous 940 sqm block, this property is ideal for those seeking space, comfort, and a touch of luxury.
This stunning home features four well-appointed bedrooms, including a master suite with a private ensuite plus a walk-in robe, and each room includes built-in robes. You'll also find two stylish bathrooms with contemporary fixtures. The expansive open-plan living and dining areas are perfect for entertaining, with large windows flooding the space with natural light. The kitchen is well-equipped with a dishwasher and ample storage.
Step outside to a spacious deck, ideal for alfresco dining, and a fully fenced yard with a charming cubby house, perfect for kids and pets. The property boasts a double garage with internal access plus a second garage offering versatility as a workshop or "man cave." Comfort is assured year-round with reverse cycle air conditioning and ceiling insulation, promoting energy-efficient living. Secure off street parking is also provided.
Located in a quiet cul-de-sac, 3 Penicola Place offers a serene suburban lifestyle while being moments away from local amenities, schools, parks, and public transport.
This property is set to go to auction, presenting a fantastic opportunity to secure your future in this sought-after area. Don't miss your chance to make this stunning house your new home!
For more information or to arrange a viewing, please contact Joey Maloney today.
*Ray White Launceston has no reason to doubt the accuracy of this information which has been obtained from sources considered to be reliable; however, we cannot guarantee it. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.
Listing description written by Joey Maloney, Horizon Property Tasmania — reproduced as published, not verified by Districts.