Property value increases in Newnham have tracked just lower than the TAS average of 9.15% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Newnham has fallen somewhat when compared to the 5 year average annual rate.
The TAS suburb of Newnham, 7248 is in the Launceston local government area.
Newnham, 7248 ranked 50th in TAS when comparing growth in median property values or capital gain over the last 12 months. Newnham is one of 606 in our list for TAS
Taking the average capital gain, or increase in median house value, Newnham,7248 has racked up an average of -7.57% over the period. This ranks it number 1313th in the whole country for real estate investors looking at median house price increases.
In the last year 38 properties changed hands in Newnham, which puts it as the 14th most active market in TAS when comparing the number of sales per suburb.