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3/1-3 Newnham Close, Newnham$330,000
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For Salehouse

3/1-3 Newnham Close

Newnham, TAS 7248, Australia
$330,000
2 bed 1 bath 1 car251 m²

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About this property

Positioned in the ever-popular northern suburb of Newnham, this well-maintained two-bedroom unit presents an outstanding opportunity for investors seeking an affordable property with an established rental return. Currently tenanted at $360 per week, this low-maintenance unit was built in the 1990s and offers immediate income from day one. Conveniently located just minutes from the Mowbray Shopping Centre, the University of Tasmania's Newnham campus, the Australian Maritime College, and a reliable public bus service, the property enjoys excellent access to education, shopping, and transport, making it a consistently attractive rental proposition. Property Features: Two comfortable bedrooms Solid brick construction built in the 1990s Currently leased at $360 per week Low-maintenance investment Close to Mowbray Shopping Centre Minutes to the University of Tasmania and Australian Maritime College Situated on a reliable public transport route Ideal addition to an investment portfolio or an affordable entry into the property market Whether you're looking to expand your investment portfolio or secure a property in a high-demand rental location, this Newnham unit represents excellent value and strong potential. Contact us today to arrange your inspection or request further information.

Property Details

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

Repayment calculator

$1,600/month
$800 /fortnight
Loan $264,000 at 6.10% over 30 years

Upfront costs

Deposit$66,000
Stamp duty$11,135
Conveyancing (est.)$2,000
Total upfront$79,135
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 house in Newnham, TAS 7248 sits within reach of public transport, local shops and nearby schools. It is listed 45% below the $595,000 median of 54 comparable houseswithin 5 km.

Schools near Newnham

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

What's nearby

  • Alanvale Rd (TAFE) Out (bus)811 m away
  • Mission Shop1.0 km away
  • Laver Grove Park608 m away
  • Torrens Street Park989 m away
  • Mount Stuart Reserve1.2 km 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 2 bed

$488kcurrent median

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