OFF MARKET

5 Gallopers Rise
Punchbowl TAS 7249

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 702m2
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Property Details for 5 Gallopers Rise, Punchbowl

5 Gallopers Rise, Punchbowl is a 0 bedroom, 0 bathroom House. The property has a land size of 702m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Land Size
702m2
Local Government
Launceston
Lot/Plan
19/177266

Last Listing description (July 2024)

Presenting a fabulous opportunity at 5 Gallopers Rise, located within the prestigious Stables Estate in the desirable Punchbowl area. This parcel of land, spanning a generous 702 square metres, offers an opportunity for first home builders, astute developers, and savvy investors eager to capitalise on the stunning mountain views and idyllic setting.

Located in a newly developed subdivision, this plot is positioned for lifestyle and convenience. Only a kilometre's stroll from the vibrant Kings Meadows Shopping Precinct, the property promises easy access to a host of local amenities. Families will appreciate the proximity to reputable schools, with Punchbowl Primary School only 1km up the road, and Kings Meadows High & Scotch Oakburn College both only 5 minutes drive away.

For those seeking a balance of tranquillity and city life, the CBD is a mere 3km drive, and the serene Punchbowl Reserve is just a stone's throw away. With several fabulous houses already gracing the Stables Estate, here is your opportunity to add your own dream home!

Land size: 702m2 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 5 Gallopers Rise, Punchbowl, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$130,000
21 Jan 2020
  • 22 May 2024
    Listed for Sale $200,000 - $250,000
  • 21 Jan 2020
    Sold for $130,000

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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 270 properties. Over the last 5 years, Houses in Punchbowl have seen a 63.08% increase in median value, while Units have seen a 74.31% increase. As at 31 January 2025:

  • The median value for Houses in Punchbowl is $519,593 while the median value for Units is $384,421.
  • Houses have a median rent of $485.
There are currently 1 property listed for sale, and no properties listed for rent in Punchbowl on OnTheHouse. According to CoreLogic's data, 8 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.