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23 Wallace Street, Newnham$689,000
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23 Wallace Street

Newnham, TAS 7248, Australia
$689,000
3 bed 1 bath 5 car589 m²

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About this property

Freshly updated and beautifully presented, this inviting three-bedroom home offers the perfect balance of modern comfort and everyday practicality. Set on a generous 589m² block, this solid brick home has been thoughtfully refreshed, allowing you to simply unpack and enjoy everything it has to offer. The light-filled interior features new flooring, creating a fresh and contemporary feel. A well-designed floor plan provides comfortable living spaces for families, couples or downsizers, while the modern kitchen is equipped with quality appliances. Three well-proportioned bedrooms and a well set out family bathroom complete a home designed for easy, low-maintenance living. Step outside and discover an outstanding undercover entertaining area, perfect for year-round gatherings with family and friends. The fully fenced backyard also features a dedicated fire pit area, providing the perfect setting to relax. With plenty of space for children and pets to play, there's also room to securely park a caravan, trailer or boat. Adding even more versatility to the property is a separate studio, providing the perfect space to work from home, run a small business, pursue creative hobbies, or create a private retreat. Whether you need a home office, art studio, gym or games room, this flexible space offers endless possibilities to suit your lifestyle. Additional Features: Solid brick construction with a durable Colourbond roof Double garage with excellent storage Gas hot water Updated interiors throughout Low-maintenance gardens Plenty of off-street parking Located within the General Residential Zone No bushfire, flood or heritage overlays detected Located within the East Tamar Primary School catchment Local park just at the end of the street Rental Appraisal: $550 to $600 per week Rates $1800 pa Water Approx $300 pq You'll also appreciate being only a short drive from Launceston CBD Whether you're a first-home buyer, growing family, downsizer or savvy investor, this updated home delivers outstanding value in a convenient and family-friendly location. *Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries. ** Peter Lees Real Estate complies with all applicable requirements under the AML/CTF legislation. ***Boundary lines are indicative only.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
5
Land Area
589 m²
Listed
2 weeks ago

Repayment calculator

$3,340/month
$1,670 /fortnight
Loan $551,200 at 6.10% over 30 years

Upfront costs

Deposit$137,800
Stamp duty$26,280
Conveyancing (est.)$2,000
Total upfront$166,080
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 3-bedroom house in Newnham, TAS 7248 sits within reach of public transport, local shops and nearby schools. It is listed 26% above the $549,000 median of 58 comparable houseswithin 5 km.

Schools near Newnham

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

What's nearby

  • Tompsons Ln cnr Wallace St (bus)239 m away
  • Tompsons Lane Corner Store357 m away
  • Newnham Reserve260 m away
  • Helenwood Grove Park358 m away
  • Cornwall Crescent Reserve399 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 · House 3 bed

Compound growth +6.7% / yr over 4 yrs

$598kcurrent median

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1 price change recorded for this property

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