161 Punchbowl Rd, Newstead is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1967. The property has a land size of 274m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in June 1984.
Privately located with access off Ellison Street this residence is positioned in close proximity to all services including the Launceston CBD.
Offered to the market for the very first time this residence is comfortable in its current condition however, presents an exciting opportunity to refurbish the home adding your own value and taste if desired.
Presenting a versatile floorplan that caters to a large demographic of buyers offering a generous main residence as well as a self-contained unit on a separate title.
The main residence caters for comfortable family living comprising of five bedrooms, three bathrooms, and an oversized double car garage with extra storage space. The kitchen, living and dining benefit from an optimal North/East orientation and large glass windows capture all day sun. Externally the residence offers a flat, low maintenance grass area surrounded by established greenery providing a private garden perfect for children and pets.
The self-contained unit presents fantastic prospects for multi-generation living or an investment opportunity featuring separate access off Punchbowl Road as well as low maintenance grounds and separate off street parking.
Whether you are looking for a substantial family residence in the highly sought-after family suburb of Newstead, or a double income investment opportunity this residence offers optimal openings with exciting future potential.
Conveniently located only 10 minutes to the Launceston CBD, and in close proximity to local schools both private and public, local cafes and grocers.
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 42.86% increase in median value, while Units have seen a 48.29% increase. As at 30 April 2026:
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