1/166 Punchbowl Road, Newstead, TAS 7250 sold on 26 September 2025 | OnTheHouse
SOLD
Sold on 26 Sep 2025 for $495,000

1/166 Punchbowl Road
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 157m2
Land area: 350m2
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Property Details for 1/166 Punchbowl Rd, Newstead

1/166 Punchbowl Rd, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 350m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Floor Size
157m2
Land Size
350m2

Last Listing description (September 2025)

Welcome to 1/166 Punchbowl Road - a beautifully presented character home that blends timeless charm with modern comfort, perfectly positioned in one of Launceston's most sought-after suburbs. From the moment you step inside, you'll be greeted by character features that have been thoughtfully enhanced with contemporary updates. The home has been professionally re-painted externally, giving the home a fresh and inviting feel.

The sun-soaked open plan living and kitchen area is the heart of the home - filled with natural light and offering a stunning view of the distant mountains. It's the perfect space to relax, unwind, or entertain. The home also offers excellent versatility, with the option of enjoying a separate large lounge room with two bedrooms, or configuring it as a three-bedroom home with open plan living and dining, depending on your lifestyle needs.

The kitchen is well-equipped with quality appliances, generous bench space, and excellent storage, making everyday living a breeze. All three bedrooms are spacious and include wardrobes, while the centrally located bathroom features a shower over bath and lovely natural light. The large laundry also includes a second shower, adding extra flexibility and functionality.

A reverse cycle heat pump ensures year-round comfort, and the gated rear yard offers both privacy and security, along with a carport for off-street parking. Low-maintenance and full of warmth, this home is an ideal choice for first home buyers, downsizers, or investors looking to secure a property in a well-connected, lifestyle-friendly location.

Situated in the heart of Newstead, you're just moments from local cafés, shops, reputable schools and only a short drive to the Launceston CBD. Don't miss your chance to secure this light-filled, move-in-ready home in popular Newstead.

For investors, the property is currently estimated to achieve a rental return of approximately $485 - $515 per week.
• Three generous bedrooms with wardrobes;
• Open-plan living/kitchen with mountain views;
• Quality appliances and excellent storage throughout;
• Central bathroom plus second shower in laundry;
• Heat pump for year-round comfort;
• Walkable location close to schools, shops, and cafés.

Year Built: 1946
House Size: 157sqm
Land Size: 350sqm
Council Rates: $1,700pa approx
Water Rates: $1,156pa approx
Municipality: Launceston City Council
School Catchments: Punchbowl Primary, Queechy & Kings Meadows High School

Sims for Property 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.

Property History for 1/166 Punchbowl Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$495,000
26 Sep 2025
Listed for Rent
$400/w
28 Jan 2022
  • 02 Sep 2025
    Sold for $495,000
  • 20 May 2025
    Listed for Sale Best Offers Over $489,000
  • 15 Oct 2022
    Sold for $395,000
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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. It has 8 parks covering nearly 15.1% of total area. The population of Newstead in 2016 was 5366 people. By 2021 the population was 5617 showing a population growth of 4.7% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newstead work in a professional occupation.In 2021, 66.20% of the homes in Newstead were owner-occupied compared with 64.40% in 2016.

Newstead has 2,759 properties. Over the last 5 years, Houses in Newstead have seen a 57.47% increase in median value, while Units have seen a 44.47% increase. As at 31 December 2025:

  • The median value for Houses in Newstead is $759,959 while the median value for Units is $430,815.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 144 properties were sold in the past 12 months in Newstead.

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Richard Sims
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Erin O'Grady
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.