Newnham Market Report (August)

This year to date in real estate sales throughout Launceston and Newnham has provided some great results from number of sales, values and time on market diminishing in comparison to activity in the market over the past few years.
Currently the median sale price for Newnham houses is at $242,000 with 3 bedroom homes being sold to date this year with a  median of $235,000 and 4 bedroom homes bringing in a median price of $312,000. The highest sale price for Newnham in August was $410,000 and the lowest sale price being a block of land at $90,000 with a  total of 7 properties sold for the month.
Unit median sale price for the month of August sat at $173,000 with a  mixture of 2 and 3 bedroom units being sold. To be more precise, there was a total of 71 houses sold and 18 units according to >>>Realestate.com<<<

With a very vibrant market and spring now on board, we are expecting a high number of enquiries for the northern suburbs and Newnham area – therefor if considering selling, now could well be the best time to discuss a plan to get the ball rolling.

To gain an accurate appraisal of your home, follow the simple instructions
>>>>valuing my home<<<<

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