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3 & 4/34 Alanvale Road, Newnham$275,000
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For Saleapartment

3 & 4/34 Alanvale Road

Newnham, TAS 7248, Australia
$275,000
1 bed 1 bath 1 car

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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

Repayment calculator

$1,333/month
$667 /fortnight
Loan $220,000 at 6.10% over 30 years

Upfront costs

Deposit$55,000
Stamp duty$8,935
Conveyancing (est.)$2,000
Total upfront$65,935
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 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 Shop451 m away
  • Laver Grove Park251 m away
  • Mount Stuart Reserve580 m away
  • Torrens Street Park609 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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