SOLD
Sold on 04 Jun 2024 for $340,000

3/5 Punchbowl Road
Punchbowl TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 56m2
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Key 2 Property
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Property Details for 3/5 Punchbowl Rd, Punchbowl

3/5 Punchbowl Rd, Punchbowl is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 56m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Punchbowl in the last 12 months.

Building Type
Unit
Year Built
1969
Floor Size
56m2
Land Size
56m2
Local Government
Launceston
Lot/Plan
3/59476

Last Listing description (July 2024)

This attractive, very low maintenance unit has undergone a complete renovation and has the look and feel of a brand new unit. With 2 bedrooms, brand new kitchen and bathroom and the bonus of an enclosed sunroom with mountain views, it offers comfortable living and a sunny, welcoming atmosphere. Located in a quiet complex and conveniently situated close to local shops & transport, this is a fantastic opportunity for first home buyers, downsizers and investors alike!
Features include:
• Two good sized bedrooms with built-in robes

• Open plan living with a reverse cycle air conditioner for all year round comfort
• New kitchen with soft close drawers/cupboards
• New bathroom with walk in shower
• Euro laundry with washing machine included
• Re-wired & NBN connected
• New roof on whole unit complex
• Updated plumbing
• Located within easy walking distance of local schools, café and shops
• Body Corporate managed by StrataTas

Water rates: $300 p/q approx.
Council Rates: $298 p/q approx.
Land size: 56m2 approx.
Building size: 56m2 approx.
Year built: 1979
Rental Estimate: $320-$370 p/w 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.

Property History for 3/5 Punchbowl Rd, Punchbowl, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$340,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $340,000
  • 12 Mar 2024
    Listed for Sale Offers Over $335,000
  • 19 Jun 2009
    Sold for $140,000
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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.

Suburb Insights for Punchbowl 7249

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.