3 & 4/34 Alanvale Road
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About this property
If you're looking for a straightforward investment with very little to think about, these compact one-bedroom units are well worth your attention. Currently tenanted with a solid history of long-term occupancy, they offer the kind of reliability investors value. Low-maintenance by nature, the properties provide a simple set-and-forget opportunity. With strong rental returns, they are an ideal option for those wanting a property that works quietly in the background while delivering consistent income. For investors seeking simplicity and stability, opportunities like this are becoming increasingly difficult to find. There's no need for major upgrades or improvements - just neat, well-kept units that continue to perform. Key Features: Compact one-bedroom units Proven history of long-term occupancy Strong rental returns Low-maintenance investment Ideal "set and forget" addition to a portfolio
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Newnham
This 1-bedroom apartment in Newnham, TAS 7248 sits within reach of public transport, local shops and nearby schools. It is listed 50% below the $549,000 median of 52 comparable apartmentswithin 5 km.
Schools near Newnham
- Australian Christian College - Launcestoncombined · Prep-10 · CoEd
- Mastery Schools Australia - Launcestonspecial
What's nearby
- Alanvale Rd (TAFE) Out (bus) — 194 m away
- Mission Shop — 451 m away
- Laver Grove Park — 251 m away
- Mount Stuart Reserve — 580 m away
- Torrens Street Park — 609 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
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Price history
Listing price changes
1 price change recorded for this property
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