FOR SALE
$469,950

1/148 The Boulevarde
Punchbowl NSW 2196

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 88m2
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Exceptional Ground floor Investment Opportunity with Great Yield & Prime Location!

Don't miss this incredible chance to secure a stylish, refurbished, ground-floor apartment offering a strong 5.2% yield and a prime location set for future growth. With low strata fees, modern finishes, and a rapidly developing transport hub, this property offers exceptional value for investors and first-home buyers alike.
Why You'll Love This Property:
• High Rental Demand: Ideal for investors, this apartment offers a high 5.2% rental yield with demand likely to increase as the nearby Punchbowl Metro station nears completion.
• Low-Maintenance Living: Enjoy the modern features of this well-maintained unit, renovated just a few years ago, offering the convenience of minimal upkeep and reduced maintenance costs.
• Move-In Ready: No work needed! This apartment is ready for tenants or homeowners to move in immediately.
• Strong Growth Potential: With the upcoming Metro station and ongoing area development, Punchbowl is well-positioned for future growth.
Stylish Features & Convenience:
• Bright & Spacious: Well-designed layout with polished timber floorboards, creating a light-filled and airy atmosphere.
• Generous Bedrooms: Comfortably sized, with ample storage options for a stress-free living experience.
• Modern Kitchen: Stone benchtops and induction cooking make meal preparation a breeze.
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Property Details for 1/148 The Boulevarde, Punchbowl

1/148 The Boulevarde, Punchbowl is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 88m2. The place is currently for sale with Ray White Punchbowl.

Building Type
Unit
Land Size
88m2

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About Punchbowl 2196

The size of Punchbowl is approximately 4.5 square kilometres. It has 16 parks covering nearly 5.8% of total area. The population of Punchbowl in 2011 was 18,428 people. By 2016 the population was 20,263 showing a population growth of 10.0% in the area during that time. The predominant age group in Punchbowl is 20-29 years. Households in Punchbowl are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Punchbowl work in a trades occupation. In 2011, 63.9% of the homes in Punchbowl were owner-occupied compared with 58.7% in 2016.

Punchbowl has 7,845 properties. Over the last 5 years, Houses in Punchbowl have seen a 76.33% increase in median value, while Units have seen a 14.57% increase. As at 31 August 2024:

  • The median value for Houses in Punchbowl is $1,343,728 while the median value for Units is $523,705.
  • Houses have a median rent of $750 while Units have a median rent of $530.
There are currently 33 properties listed for sale, and 38 properties listed for rent in Punchbowl on OnTheHouse. According to CoreLogic's data, 315 properties were sold in the past 12 months in Punchbowl.

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John Yatman
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Chicky Fonseka
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Ray White Punchbowl
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