Affordable 2-Bedroom Unit with Expansive Outdoor Space in Newnham

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1/5-7 Newnham Close, Newnham, Tas 7248-Image

Unit

Type

Bedrooms

Bathrooms

Parkings

370 m²

Area

Last updated on Tuesday, August 11, 2026 ( See property details for 1/5-7 Newnham Close, Newnham, Tas 7248)

$450,000

Jacob Summersgill - Real Estate Agent - Harcourts - Launceston

Jacob Summersgill Property Consultant

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-positioned, low-maintenance two-bedroom unit with a large backyard and excellent investment potential in Newnham.

🏡 Property Highlights

Expansive backyard with wide side access, ideal for outdoor activities and future development (STCA).
Currently leased at $415 per week until October 2026, offering immediate rental income.
Positioned at the front of a well-maintained complex, providing a sense of community and security.
Potential to construct a garage or additional shedding, increasing property value.
Close proximity to UTAS Newnham, schools, shopping, and public transport for convenient living.
Low-maintenance living with a functional two-bedroom, one-bathroom layout.

✨ Key Features

Garage
Outdoor Area
Built-in Robes
Open-Plan Living
Waterfront / Views
Secure Parking
Outdoor Area / Balcony
Internal Laundry
Fly Screens
Pet-Friendly

Suburb and Property Insights of Newnham, TAS 7248

Newnham is a highly sought-after suburb known for its convenient location near the University of Tasmania, excellent schools, shopping centres, and public transport. The area offers a peaceful, family-friendly environment with well-maintained amenities and a strong community vibe. Its proximity to educational institutions and recreational facilities makes it ideal for students, families, and investors seeking a reliable and accessible lifestyle.

Frequently Asked Questions

What is the condition of the property and are there any recent renovations?

The property is well-maintained and features a functional layout, with no recent renovations noted but potential for future upgrades such as constructing a garage or additional shedding.

What are the zoning and planning restrictions for the property?

The property is zoned as Residential, with potential to construct a garage or shed subject to council approval (STCA).

Are there any known issues or defects with the property?

No known issues or defects have been reported; prospective buyers are encouraged to conduct their own inspections.

What are the ongoing costs associated with the property?

Ongoing costs include rates of approximately $400 per quarter, water charges of about $275 per quarter, and body corporate fees of around $150 per quarter.

Is the property suitable for pets?

Yes, the property is pet-friendly, making it suitable for pet owners.

What to ask about this property to agent?

Are there any upcoming or planned developments in the area that could affect the property's value or living environment? Is there any history of flooding or bushfire risk in the vicinity? Are there any restrictions or easements on the land that could impact future construction or use? What are the strata or body corporate rules and fees, and are there any special levies? Are there any noise or nuisance issues from neighboring properties or nearby infrastructure?

1/5-7 Newnham Close, Newnham, Tas 7248 - More Details

$450,000

Positioned at the front of a well-maintained complex, this inviting two-bedroom unit offers a rare combination of low-maintenance living and exceptional outdoor space. Perfectly suited to first home buyers, downsizers and investors alike, it presents an opportunity that stands out from the typical unit offering.

Conveniently located in a quiet pocket of Newnham, you'll enjoy easy access to the University of Tasmania's Newnham campus, local shopping, schools, public transport and everyday amenities, making this an ideal home or investment in a consistently popular location.

Inside, the home offers a functional two-bedroom, one-bathroom layout designed for comfortable everyday living. A single carport is complemented by an additional off-street parking space, providing flexibility for households with multiple vehicles or visitors.

Outside is where this property truly sets itself apart. The expansive backyard is considerably larger than those found with most comparable units, providing ample room for children to play, entertaining family and friends, or simply enjoying your own private outdoor space. Wide side access further enhances the property's practicality, offering easy access to the rear yard and creating the potential to construct a garage or additional shedding (STCA), making it an exciting opportunity for buyers looking to add further value.

Whether you're searching for your first home, looking to downsize without sacrificing outdoor space, or seeking a quality addition to your investment portfolio, this property is well positioned to appeal to a wide range of buyers. The property is currently leased at $415 per week until November 2026, offering immediate rental income and excellent investment appeal.

Property Features
• Two bedrooms, one bathroom
• Single carport plus additional off-street parking space
• Expansive backyard, rarely found with unit living
• Wide side access to the rear yard
• Potential to construct a garage or additional shedding (STCA)
• Positioned at the front of a well-maintained complex
• Close to UTAS Newnham, schools, shopping and public transport
• Currently leased at $415 per week until November 2026

House size: 79 m²
Land size: 370 m²
Built: 1989
Council Zoning: Residential

Rates: $400 per quarter (approx.)
Water: $275 per quarter (approx.)
Body Corporate Fees: $150 per quarter (approx.)

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.**

Type: Unit
Bedrooms: 2
Bathrooms: 1
Parkings: 4
Area: 370 m²
House Size: 79 m²

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