Newnham
Suburb profile, market snapshot and recent listings for Newnham, TAS 7248.
About Newnham
Welcome to Newnham
Newnham sits on the northern fringe of Launceston, in Tasmania's north, a short drive from the Launceston CBD and wedged between the Tamar River flats and the suburban streets of Mowbray and Invermay. It's a practical, family-oriented pocket of the city, known locally for its proximity to the University of Tasmania's Newnham campus and its unpretentious mix of older weatherboard homes and post-war brick veneers.
With a population of just over 7,000 and a median age of 34, Newnham has a distinctly young, family-and-student feel. It suits first-home buyers, investors chasing rental yield near the university, and anyone wanting an affordable, well-connected base within easy reach of Launceston's centre.
Lifestyle & dining
Newnham isn't a dining destination in its own right, but it doesn't need to be — Launceston's CBD, with its cafes, restaurants and the Brisbane Street Mall, is only minutes away by car. Locally, life revolves around the university precinct and the everyday convenience of nearby Mowbray and Invermay, where takeaway shops, bakeries and casual eateries cover the basics. The presence of the UTAS Newnham campus gives the suburb a steady stream of students and staff, adding a bit of buzz to what is otherwise a quiet residential area.
Shopping
For day-to-day essentials, residents typically head to the retail strips in neighbouring Mowbray and Invermay, or into central Launceston for larger shopping centres, specialty stores and weekend markets. It's a low-fuss arrangement: nothing is far away, and the short drive into town means Newnham households aren't reliant on a single local strip for groceries or services.
Getting around
Newnham's location just north of the Launceston CBD makes commuting straightforward, with main roads connecting through Mowbray and Invermay into the city centre in a matter of minutes. Metro Tasmania bus services run through the area, linking Newnham to the CBD and surrounding suburbs including Mayfield, Rocherlea and Ravenswood, which makes it a workable option for those without a car, including the university's student population. For anyone driving further afield, Launceston Airport and the Bass Highway are both within easy reach.
Schools & families
Families in Newnham have access to Australian Christian College - Launceston and Mastery Schools Australia - Launceston, both based in the suburb, giving parents genuine local schooling options without needing to travel into the city. The broader area, including neighbouring Mowbray and Mayfield, adds further choice for state and independent schooling, while the presence of the UTAS Newnham campus means older students can stay close to home right through to tertiary study.
The property market
Newnham's housing stock is dominated by houses, which make up 66% of current listings, alongside a notable 25% share of apartments and units — a reflection of the suburb's proximity to the university and the rental demand that comes with it. Townhouses and vacant land make up smaller slices of the market, at 2% and 7% respectively, giving buyers a reasonably varied set of options for the area's size.
The median house price currently sits at $598,000, with units considerably more affordable at a median of $416,000, and typical rents around $530 a week. House prices have moved sharply over the recent period, up 19.5%, pointing to strong buyer demand in a suburb that remains comparatively affordable relative to inner Launceston. That combination of growth and accessible entry prices has made Newnham a suburb of interest for both owner-occupiers and investors, particularly those targeting the student and young-professional rental market tied to the nearby university campus.
Parks & recreation
Newnham's setting near the Tamar River gives residents easy access to open space and walking tracks along the river flats, popular for exercise and outdoor recreation without leaving the local area. The suburb's residential streets are generally leafy and low-density, and larger recreational facilities, sporting grounds and riverside paths in nearby Mowbray and Invermay extend the options for those wanting more organised sport or longer walks and rides.
Market snapshot
Newnham property market
Median sale price
$598k
House · 3 bed
Median rent
$530
per week
Gross rental yield
4.6%
annual rent ÷ sale price
Typical price range
Entry
$450k
Median
$598k
Premium
$720k
Days on market
15
Auction clearance
0%
Sold this year
81
Median sold price trend · House 3 bed
Compound growth +6.7% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Newnham by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Newnham, TAS 7248.
Population
7,073
residents (2021)
Median age
34
years
Household income
$1,223
median, per week
Median rent
$270
per week
Median mortgage
$1,300
per month
Mortgage / income
25%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Newnham
Independent & Catholic schools
Mastery Schools Australia - Launceston
Recent results
Recently sold in Newnham
$575k
4 Crestview Court
Sold ~July 2026
$460k
1/4 Patricia Place
Sold ~July 2026
$555k
120 George Town Road
Sold ~July 2026
$384k
138 Alanvale Road
Sold ~July 2026
$495k
2/36 Parklands Parade
Sold ~July 2026
$575k
6/7-9 Malachi Court
Sold ~July 2026
$420k
4/4 Alanvale Road
Sold ~July 2026
$604k
2/8 Maiden Place
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Newnham
Compare the area
Price map around Newnham
Every listing for sale near Newnham, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Newnham suburb FAQ
What is the median property price in Newnham?
The median house price in Newnham, TAS is $598k for a 3-bedroom home. Over the past year, median sold prices have risen about 19.5%.
How much is rent in Newnham?
The median weekly rent in Newnham is around $530 per week.
Is Newnham a good place to live?
Newnham is a residential locality in the local government area (LGA) of Launceston in the Launceston LGA region of Tasmania. Newnham is an established residential suburb in TAS, with a population of around 7,073 and 2 schools in the area.
What is the population of Newnham?
Newnham has a population of 7,073 (ABS 2021 Census), with a median age of 34.
What schools are in Newnham?
There are 2 schools in or near Newnham, including Australian Christian College - Launceston and Mastery Schools Australia - Launceston.
How long do homes take to sell in Newnham?
Properties in Newnham take around 15 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Newnham?
Entry-level properties in Newnham start around $450k, while premium homes reach $720k.
What suburbs are near Newnham?
Suburbs near Newnham include Mayfield, Mowbray, Rocherlea, Invermay and Ravenswood.
Fresh to market
New this week in Newnham
Affordable Market Entry or Investment
Spacious Family Living with Tamar River Views
Modern Comfort in a Peaceful Cul-de-Sac
Investment Opportunity Leased Until February 2027
Available now