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Sold on 15 Nov 2024 for $742,000

171 Punchbowl Road
Newstead TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 219m2
Land area: 708m2
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Property Details for 171 Punchbowl Rd, Newstead

171 Punchbowl Rd, Newstead is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1967. The property has a land size of 708m2 and floor size of 219m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
1967
Floor Size
219m2
Land Size
708m2
Local Government
Launceston
Lot/Plan
14/15069

Last Listing description (November 2024)

Nestled in the prestigious suburb of Newstead, 171 Punchbowl Road is a gem awaiting a family to call it home. This immaculate four-bedroom, two-bathroom house has been masterfully renovated to create an inviting and modern living space.

The residence basks in natural light, courtesy of its elevated position on Punchbowl Road, ensuring sun-soaked living areas throughout the day. The upper level features two generously sized bedrooms with built-in wardrobes, an additional third bedroom, and a very large ensuite that adds a touch of luxury to the master suite. The heart of the home is the flexible floor plan that accommodates multiple living spaces, perfect for both relaxation and entertainment.

A further bedroom, an office space, and a third toilet are cleverly situated downstairs, providing an ideal set-up for a guest room or a home business. The house boasts an impressive low maintenance garden, allowing you to indulge in the sunny aspect and picturesque views of Newstead without the upkeep burden.

Parking is plentiful with two garaged spaces and additional off-street parking, a rare find in this sought-after location. Families will appreciate the proximity to Punchbowl Primary School and the bustling Newstead shopping hub, all within an easy walking distance.

This property on a substantial 708 square metre plot combines space, style, and convenience in one of Tasmania's most beautiful locales. For those seeking a family-friendly area with every amenity at their doorstep, 171 Punchbowl Road is an opportunity not to be missed.

Council rates: $517 p/q approx.
Water rates: $285 p/q approx.
Building size: 219m2 approx.
Land size: 708m2 approx.
Year built: 1967
Rental estimate: $550-$600 per week approx.

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 171 Punchbowl Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$742,000
15 Nov 2024
  • 15 Nov 2024
    Sold for $742,000
  • 23 Oct 2024
    Listed for Sale Offers Over $749,000
  • 06 Dec 2006
    Sold for $240,000
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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 22 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Newstead.

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