176 Punchbowl Rd, Newstead is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1945. The property has a land size of 825m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Positioned in sought after Newstead on a large hillside block, this generously sized home offers both flexibility and opportunity for the future owner. Oriented towards family living with 4 or 5 bedrooms, this weatherboard property exhibits many of the hallmark details that make its 1940s construction popular amongst Launceston residents, including the unique curved fireplace in the original sitting room and the stylised gables on the home's exterior. Beneath the principal level of the property is a modified undercroft which has been retrofitted to include all the elements of a separate living space complete with functional bathroom and kitchen space. The land further hosts potential for the construction of an additional dwelling in the rear of the property subject to council approval and some modification to the existing home. We encourage you to get in touch today regarding an inspection and for an opportunity to crack into this sought after area of the greater Launceston city.
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 2,761 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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