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Sold on 13 Aug 2024 for $575,000

1/40A Punchbowl Road
Punchbowl TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 94m2
Land area: 634m2
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McGrath Launceston
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Property Details for 1/40a Punchbowl Rd, Punchbowl

1/40a Punchbowl Rd, Punchbowl is a 2 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 634m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Punchbowl in the last 12 months.

Building Type
House
Year Built
1900
Floor Size
94m2
Land Size
634m2
Local Government
Launceston

Last Listing description (October 2024)

- Privately tucked away up an internal driveway, fantastic central location
- Elevated to capture beautiful views of the Eastern Mountains and all-day sun
- Beautiful undercover alfresco area with outdoor kitchen overlooks garden

- Courtyard with Oak tree as its feature will be a beautiful place to entertain
- Renovated throughout, gorgeous character features including hardwood floors
- Kitchen baths in all day sun and garden outlook, gas cooktop and dishwasher
- Large bedrooms, master with built in, flexible floorplan to change configuration
- Modern bathroom features large vanity, walk in shower and laundry
- Off street parking for multiple vehicles, space for carport or shed (STCA)
- 2nd access off Pyenna Avenue with additional on street parking
- Easy walk to Punchbowl Reserve and local shops, bus stop out the front
- 2 minutes to the Kings Meadows Shopping Centre and Punchbowl Primary
- Launceston CBD and Launceston General Hospital a 3 minute drive away

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Property History for 1/40a Punchbowl Rd, Punchbowl, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$575,000
13 Aug 2024
Listed for Rent
$700/w
11 Jul 2024
  • 13 Aug 2024
    Sold for $575,000
  • 05 Aug 2024
    Listed for Sale $540k - $585k
  • 26 Oct 2023
    Sold for $410,000

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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 267 properties. Over the last 5 years, Houses in Punchbowl have seen a 68.47% increase in median value, while Units have seen a 59.37% increase. As at 30 September 2024:

  • The median value for Houses in Punchbowl is $499,107 while the median value for Units is $320,910.
  • 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, 34 properties were sold in the past 12 months in Punchbowl.

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