Newnham at a glance
7,263
People
$625,000
Median sale
$448/wk
Median rent
3.73%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
TAS › Newnham › Paringa Ave
$730,000
Last sold
25 Mar 2026
3
Bedrooms
1
Bathrooms
3
Car spaces
610 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
$730,000
25 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Newnham (last 5 years) with land size have a median of $820/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
Newnham at a glance
7,263
People
$625,000
Median sale
$448/wk
Median rent
3.73%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Newnham
+16.8%
Median sale
Suburb $625,000
-0.54 pp
Gross yield
Suburb 3.73%
Suburb median $625,000 from 47 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
$625,000
Median sale
$448/wk
Median rent
3.73%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harrison Agents LauncestonPositioned in the ever popular suburb of Newnham, this solid 1965 built home has been thoughtfully brought back to life, blending its original character with a fresh, modern revamp throughout. Well cared for over the years, the home offers a warm and cosy feel from the moment you step inside, with a generous entryway creating an inviting first impression.
The heart of the home has been beautifully updated, showcasing a sleek, minimalistic kitchen complete with a stylish tiled splash back, crisp white cabinetry, electric cooktop, oven, rangehood and dishwasher. This space flows seamlessly into the open dining and living zone, designed to capture an abundance of natural light. While comfort has been enhanced with a reverse cycle system, the living area still retains its charm, featuring an active woodheater and original mantle, adding both warmth and character.
Accommodation is well suited for families or investors, with three bedrooms on offer. Two include built-in storage, while the third provides direct access to the outdoors, offering flexibility for guests, a home office or additional living options.
The bathroom has been fully renovated with a modern touch, incorporating an easy access shower, separate bath and single vanity, alongside the added convenience of a separate toilet.
Continuing the updates, the laundry has also undergone improvements and offers ample space for white goods, along with an existing sink for practicality.
At the rear of the home, a sunroom provides a versatile additional space ready to be tailored to your lifestyle. Whether it becomes a relaxed second living area, a home gym, a private retreat or the perfect man cave, it offers a quiet place to unwind and enjoy in your own way.
Outdoors, the property is equally impressive, with a well maintained yard framed by new high timber fencing, creating both privacy and security. A north facing deck provides the perfect spot to relax or entertain, soaking in all day sun.
Further enhancing the appeal is a newly constructed garage/workshop with power connected, offering a versatile space ideal for hobbies, storage or securely housing your vehicle.
Conveniently located, the home sits just moments from local primary and secondary schools, the Mowbray Golf Club, the University of Tasmania and TAFE campus, as well as the Mowbray shopping precinct where all essential amenities are within easy reach.
This is a fantastic opportunity to secure a solid, updated home in a highly convenient location, ready to move in and enjoy.
Current Rental Appraisal - $600-$630 Per Week.
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 Josh Schaeche, Harrison Agents Launceston — reproduced as published, not verified by Districts.