OFF MARKET

1/1 Vasey Street
Punchbowl TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 96m2
Land area: 515m2
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Property Details for 1/1 Vasey St, Punchbowl

1/1 Vasey St, Punchbowl is a 3 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1950. The property has a land size of 515m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1950
Floor Size
96m2
Land Size
515m2
Local Government
Launceston
Lot/Plan
1/167816

Last Listing description (May 2023)

1/1 Vasey Street is hidden away in a quiet cul-de-sac and is walking distance to Kings Meadows, and just a few minutes to Newstead and the Launceston CBD.
This 3-bedroom weatherboard home has undergone extensive updates by the current owner who has focused on thermal efficiency and convenience. Private and low maintenance, the yard is fully enclosed and features garden beds with multiple outdoor entertaining options. You will also find the laundry shed which is fully insulated with a raised floor, and new plumbing and wiring.
Inside the home, there are 3 generous sized bedrooms and a bathroom featuring separate bath and shower.

Other key features of this charming home include:
- 3.5 kw rooftop solar power;
- 3 reverse cycle air conditioning units for comfort zoning;
- Modern and efficient wood heater together with heat transfer system;
- Energy efficient heat pump hot water heater;
- NBN wired with fibre optic cable to the premises;
- Bradford Optimo R2.5 Underfloor insulation and Bradford R3.5 ceiling insulation;
- Perimeter security video;
- Updated wiring;
- Outdoor entertaining with BBQ area;
- Smart home connectivity;
- Rainwater tank with pump;
- Carport plus additional off-street parking spaces.

If you are looking for an energy efficient smart home, or a reliable investment property this could be just what you have been looking for!

Year Built: 1950
House Size: 112m2
Land Size: 515m2
Council Rates: $1,488pa approx
Water Rates: $1,151pa approx
Municipality: Launceston City Council
School Catchments: Punchbowl Primary, Kings Meadows and Queechy High School

Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 1/1 Vasey St, Punchbowl, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$410,000
12 Apr 2023
  • 12 Apr 2023
    Sold for $410,000
  • 02 Mar 2023
    Listed for Sale $399,000 - $439,000
  • 24 Jul 2015
    Sold for $195,000

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About Punchbowl 7249

The size of Punchbowl is approximately 0.6 square kilometres. It has 2 parks covering nearly 39.5% of total area. The population of Punchbowl in 2011 was 443 people. By 2016 the population was 454 showing a population growth of 2.5% in the area during that time. The predominant age group in Punchbowl is 20-29 years. Households in Punchbowl are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Punchbowl work in a trades occupation. In 2011, 63% of the homes in Punchbowl were owner-occupied compared with 54.8% in 2016.

Punchbowl has 269 properties. Over the last 5 years, Houses in Punchbowl have seen a 61.98% increase in median value, while Units have seen a 69.36% increase. As at 30 November 2024:

  • The median value for Houses in Punchbowl is $495,840 while the median value for Units is $374,251.
  • Houses have a median rent of $480.
There are currently 1 property listed for sale, and no properties listed for rent in Punchbowl on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Punchbowl.

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