OFF MARKET

19 Punchbowl Road
Punchbowl TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 134m2
Land area: 769m2
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Last updated 28 Oct 2024
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Property Details for 19 Punchbowl Rd, Punchbowl

19 Punchbowl Rd, Punchbowl is a 3 bedroom, 1 bathroom House and was built in 1935. The property has a land size of 769m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
House
Year Built
1935
Floor Size
134m2
Land Size
769m2
Local Government
Launceston
Lot/Plan
17/12938

Last Listing description (May 2019)

We think this is a great opportunity (subject to council and planning approvals) to remove the house and build multiple dwellings. Recent growth in the vibrant Punchbowl area includes a number of unit construction sites, a new subdivision, and a redeveloped coffee shop down the road. The close proximity to the Kings Meadows shopping hub allows access to all amenities. A regular bus service is virtually at the front door, and the Punchbowl Reserve is a few hundred meters away, as is the highly regarded Punchbowl Primary School. The existing home could possibly be renovated, but we suspect with the near perfect northerly aspect sloping gently to the rear of the 769m2 block, it would be a cracker unit development site STCA.
For sale by Auction Saturday 13th April 2019 @ 11.00 am on site.
19 Punchbowl Road at a glance:

769ms Potential development site STCA
1930s Weatherboard cottage to remove or renovate
Great access to public transport
Convenient location near Punchbowl Park & Kings Meadows shopping precinct
Details
Building size: 98m2
Land size: 769m2
Year built: 1930
Council rates: $1,250pa
Water Rates: Approx $1,000pa

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Property History for 19 Punchbowl Rd, Punchbowl, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$205,000
13 Apr 2019
  • 13 Apr 2019
    Sold for $205,000
  • 27 Mar 2019
    Listed for Sale AUCTION
  • 02 May 2008
    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 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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