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.
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.
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 57.46% increase in median value, while Units have seen a 47.28% increase. As at 31 January 2026:
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