TAS7248· Pop. 17,177Launceston

NEWNHAM

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

53

Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.

Median price

no recent data

Rent yield

4.2%

modelled estimate

Annual growth

2.0%

modelled estimate

Vacancy rate

2.1%

modelled estimate

AI insights for NEWNHAM

Investment analysis, risks & comparisons

PREMIUM

NEWNHAM shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Price figures are estimated — suburb-level data not available for this state. Verify with Domain or REA.

Median rent

$260/wk

weekly

Demand change

+1.6%

annual shift

Yield × growth index

3.1

combined signal

Net yield (est.)

4.83%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+6.2%

est. compound, long-run avg

10-yr growth (CAGR)

+5.4%

est. compound, long-run avg

Rental demand

46 / 100

Moderate demand

Supply pipeline

Est.

0.6%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

No price history available.

Market overview

NEWNHAM is a TAS suburb offering moderate rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

  • Rental yield 4.2% with stable tenant demand
  • Access to national transport network and amenities

Risk factors

  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,121/wk

$41k taxable p.a.

Renters

45.6%

50.8% owner-occupier

Median age

33.0 yrs

Unemployment

4.6%

Population growth

+0.3% p.a.

Investor-owned

6.0%

of all dwellings (ATO)

Houses

85%

9% apartments

Degree qualified

16.3%

bachelor's or higher (ABS)

Work from home

14.3%

of employed residents (ABS Census)

Median lot size

700 m²

Large block

Household size

2.6 persons

avg per dwelling (ABS Census)

Short-term rental

2.0%

Mostly long-term tenants

Market activity

Distance to CBD

165.9 km

Regional

Days on market

51 days

Slower market

Auction clearance

32.0%

Buyer's market

Walkability

41 / 100

Very walkable

Coastal proximity

97.2 km

Inland

NBN technology

FTTC

Good — fibre to curb

Population density

869/km²

Suburban

Schools in postcode 7248

🏫4 Primary🎓2 Secondary📚2 Combined
ACARA 2025

🏫Primary (4)

St Finn Barr's Catholic Primary School

Catholic · Yrs Prep-6

ICSEA 984

Mowbray Heights Primary School

Government · Yrs K-6

ICSEA 925

Invermay Primary School

Government · Yrs K-6

ICSEA 925

East Tamar Primary School

Government · Yrs K-6

ICSEA 863

🎓Secondary (2)

Launceston Big Picture School

Government · Yrs 9-12

ICSEA 1000

Brooks High School

Government · Yrs 7-12

ICSEA 886

📚Combined (2)

Launceston Church Grammar School

Independent · Yrs Prep-12

ICSEA 1094

Australian Christian College - Launceston

Independent · Yrs Prep-10

ICSEA 1011

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Moderate
73/ 100

8.0 offences / 100 persons

⚠ Modelled estimate · details

School quality

Average
961ICSEA · national avg 1000

8 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited
22/ 100
🚆 0 train🚌 6 bus

Source: State GTFS feeds

Gentrification signal

16

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

low

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in NEWNHAM

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