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42 Parua Road, Newnham, Tas, 7248

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

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house - house

Map of 42 Parua Road, Newnham, Tas, 7248, Newnham, Tasmania

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.

Estimated value

Based on comparable sales, past sales and available property data

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Rental income estimate and range

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Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Listed for sale
Jul 2026

Smartre Sale $599,999

Rental
Dec 2024

$450 WEEKLY

Rental
Mar 2022

$360 PER WEEK

Rental
Feb 2015

$250 PER WEEK

Rental
Jan 2014

$250 PER WEEK

Sold
Sep 2002

$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

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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

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Nearby education

Schooling and educational options in the area, for all ages.

Australian Christian College - Launceston

K - Yr 12

Independent

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Newnham

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Launceston

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Tasmania

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Explore surrounding suburbs

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Median House: $956,974

Median Unit: $341,302

Median House: $552,090

Median Unit: $396,997

Median House: $562,412

Median Unit: $461,299

Median House: $530,544

Median Unit: $511,393

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.

Contact the agent

Peter Lees Real Estate

Larrisa Brickhill

Peter Lees Real Estate

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