OFF MARKET

1/166 Punchbowl Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 105m2
Land area: 356m2
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Last updated 18 Nov 2024
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Property Details for 1/166 Punchbowl Rd, Newstead

1/166 Punchbowl Rd, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1946. The property has a land size of 356m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1946
Floor Size
105m2
Land Size
356m2
Local Government
Launceston
Lot/Plan
1/57156

Last Listing description (November 2022)

In the popular suburb of Punchbowl and within a very short walk to the well-renowned Punchbowl Primary is this fantastic three- bedroom home.

Situated on approximately 346m2, this light-filled home is situated close to Scotch Oakburn College, cafes, and of course the Punchbowl Reserve.
As soon as you enter the main entrance, you will find a huge master bedroom to your left and the two additional spacious bedrooms to your right.

The central, renovated bathroom offers plenty of space offering a bath, separate shower and all amenities. Further through the hallway the space opens up to the renovated kitchen, dining and living area capturing morning sun through the living and afternoon sun through the kitchen. A reverse-cycle air conditioner keeps the home comfy throughout the year.
Currently tenanted until February 2023, this is now your opportunity to enter the market, enjoy a return and capital growth. The low-maintenance yard is complemented by a carport and separate off-street parking space at the rear.

Only 7 minutes to the Kings Meadows shopping precinct, 5 minutes to Newstead or Norwood and only 10 minutes to the CBD, the position could not be more perfect.
Please enquire now to book a personal inspection

Disclaimer:
One Agency Launceston has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective purchasers are advised to execute their own enquiries.

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Property History for 1/166 Punchbowl Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$395,000
15 Oct 2022
Listed for Rent
$400/w
28 Jan 2022
  • 15 Oct 2022
    Sold for $395,000
  • 02 Sep 2022
    Listed for Sale $399,950
  • 19 Jan 2022
    Listed for Rent $400 / week
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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. It has 8 parks covering nearly 15.1% of total area. The population of Newstead in 2011 was 4,968 people. By 2016 the population was 5,366 showing a population growth of 8.0% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newstead work in a professional occupation. In 2011, 66.2% of the homes in Newstead were owner-occupied compared with 64.4% in 2016.

Newstead has 2,733 properties. Over the last 5 years, Houses in Newstead have seen a 64.04% increase in median value, while Units have seen a 53.71% increase. As at 31 October 2024:

  • The median value for Houses in Newstead is $715,353 while the median value for Units is $397,028.
  • Houses have a median rent of $520 while Units have a median rent of $390.
There are currently 23 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Newstead.

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