42 Parua Road, Newnham, Tas, 7248
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Smartre Sale $590,000
42 Parua Road, Newnham, Tas 7248
3
1
1
734m²
103m²
•
house - house
Property Description
Listed on 9 July 2026
This solid three-bedroom brick home offers an opportunity for investors to increase their portfolio, with a lease in place until 13 February 2027 and a current rental income of $460 per week.
Conveniently located close to the University of Tasmania (Newnham Campus), the Australian Maritime College, local shopping, food and public transport, this property is well positioned in an established residential area.
The home offers three bedrooms, including a master with a built-in robe, an open-plan living area with new carpet and a brand-new heat pump for year-round comfort. The bathroom features a separate shower and bath, while the property also includes a single lock-up garage with additional off-street parking.
Property Features
• Three bedrooms
• Master bedroom with built-in robe
• Open-plan living
• New carpet in the lounge
• Brand-new heat pump
• Bathroom with separate shower and bath
• Single lock-up garage
• Additional off-street parking
• Close to the University of Tasmania (Newnham Campus), Australian Maritime College, local shopping and public transport
Details:
Lease until 13 February 2027
Currently returning $460 per week
Market rental appraisal between $460 to $520
Rates Approx $1500 per annum
Fixed Water Charges Approx $300 per quarter
VIDEO WALKTHROUGH AVAILABLE 22/7/26
Private inspections by appointment only for qualified buyers.
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
** Peter Lees Real Estate complies with all applicable requirements under the AML/CTF legislation.
***Boundary lines are indicative only.
Property history
A breakdown of how regularly this property entered and exited the market for sale or lease.
Smartre Sale $599,999
$450 WEEKLY
$360 PER WEEK
$250 PER WEEK
$250 PER WEEK
$85,000
Median house price trends
Comparing the price trend of houses in Newnham against the state of Tasmania over the last 4 years. Source: Cotality
Comparable properties
See what similar properties in the area are selling and listed for.
Market activity
A snapshot of how quickly properties are selling in the area and how many are currently available.
8 Days
House median days on market
14 Days
Unit median days on market
187 Properties
Sold in last 12 months
14 Properties
Available in the last month
Newnham residents
Key characteristics of the residents in the area, view the full breakdown of the suburb here.
19-30
Is the most common age range
Renters
Most common occupant type
Singles
Most common household profile
Labourers
Most common occupation
Detached Houses
Most common property type
Nearby education
Schooling and educational options in the area, for all ages.
Australian Christian College - Launceston
K - Yr 12
Independent
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Frequently asked questions
42 Parua Road is a House built in 1980 in Newnham, Tasmania. Review photos and floor plans for more detail on the construction and condition of the property.
The property at 42 Parua Road includes 3 bedrooms, 1 bathroom and parking for 1 car.
42 Parua Road in Newnham has a land size of approximately 734 square metres and an internal floor area of around 103 square metres.
42 Parua Road in Newnham, Tasmania includes a range of local schools, shops, public transport options and community facilities that support day to day living.
As of 7/1/2026, the property at 42 Parua Road is not available in our data at this time.

