OFF MARKET

4/5 Punchbowl Road
Punchbowl TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 56m2
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Property Details for 4/5 Punchbowl Rd, Punchbowl

4/5 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 October 2022.

Building Type
Unit
Year Built
1969
Floor Size
56m2
Land Size
56m2
Local Government
Launceston
Lot/Plan
4/59476

Last Listing description (November 2022)

This neat 2 bedroom unit in Punchbowl ( 1 of 6 ) is the perfect addition to your investment portfolio or a great start to the property market. With a bus stop out the front or a short stroll to Kings Meadows precinct, it is a great location. Featuring a functional kitchen, 2 good sized bedrooms - master with built-in wardrobe and a parking space for one car under cover. There is a lease in place until Feb 2023 at $520 per fortnight and a long term tenant that would love to stay on. This little beauty has got to be value for money.

Rental: $520 p/fortnight
Lease: 24/02/2023

House size: 56 sqm
Land size: 56sqm
Built: 1969
Rates: approx. $1,200 pa
Zoning: General Residential
Council: Launceston
Heritage listed: No

***Harcourts Launceston 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 4/5 Punchbowl Rd, Punchbowl, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$300,000
24 Oct 2022
Listed for Rent
$180/w
27 May 2015
  • 24 Oct 2022
    Sold for $300,000
  • 04 Jul 2022
    Listed for Sale Best Offer Over $289,000
  • 29 Jun 2022
    Listed for Rent $180 / week
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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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