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2/124 Franmaree Road, Newnham$549,000
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For Saleapartment

2/124 Franmaree Road

Newnham, TAS 7248, Australia
$549,000
2 bed 1 bath 1 car304 m²

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About this property

SOLD - Step inside through the sliding door and discover a spacious open-plan living area designed for comfort and convenience. The well-appointed kitchen boasts generous bench and cupboard space, complemented by a striking island bench that serves as the heart of the home. Flowing seamlessly from the kitchen are the dining and lounge areas, kept comfortable year-round with a Daikin reverse-cycle heating and cooling system. Both bedrooms are generously sized and feature built-in robes, while the central bathroom is thoughtfully designed with a separate bath, shower, and toilet. Additional features include a single remote-access garage with convenient internal entry, and a fully fenced yard requiring minimal upkeepperfect for those seeking a low-maintenance lifestyle. Property Features: Spacious open-plan living and dining area Modern kitchen with ample storage and large island bench Two generous bedrooms with built-in robes Daikin reverse-cycle heating and cooling Central bathroom with separate bath, shower, and toilet Single remote garage with internal access Fully fenced, low-maintenance yard Private and peaceful location Located just 57 km (10 minutes) from the Launceston CBD along the East Tamar Highway, it is home to the University of Tasmania (UTAS) campus, the Australian Maritime College (AMC), and Tas TAFE. Sushames Real Estate trusts in the information in this document which has been sourced from means which are considered reliable. Prospective purchasers are recommended to carry out their own due diligence regarding permits, measurements and boundary positions prior to settlement.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
304 m²
Listed
1 month ago

Repayment calculator

$2,662/month
$1,331 /fortnight
Loan $439,200 at 6.10% over 30 years

Upfront costs

Deposit$109,800
Stamp duty$20,330
Conveyancing (est.)$2,000
Total upfront$132,130
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Newnham

This 2-bedroom apartment in Newnham, TAS 7248 sits within reach of public transport, local shops and nearby schools. It is listed 8% below the $595,000 median of 61 comparable apartmentswithin 5 km.

Schools near Newnham

  • Australian Christian College - Launcestoncombined · Prep-10 · CoEd
  • Mastery Schools Australia - Launcestonspecial

What's nearby

  • No.85 Franmaree Rd In (bus)159 m away
  • Tompsons Lane Corner Store1.4 km away
  • Unnamed321 m away
  • Vermeer Avenue Reserve446 m away
  • Stephen Street Reserve687 m away

Newnham at a glance

Full suburb profile
Population
7,073
Median age
34
Household income
$1,223/wk
Median rent
$270/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Newnham price trend

Median sold · Unit 2 bed

Compound growth +4.4% / yr over 4 yrs

$416kcurrent median

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1 price change recorded for this property

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