7/167A Punchbowl Road, Newstead, TAS 7250 sold on 12 October 2025 | OnTheHouse
SOLD
Sold on 12 Oct 2025 for $415,000

7/167A Punchbowl Road
Newstead TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 162m2
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Property Details for 7/167a Punchbowl Rd, Newstead

7/167a Punchbowl Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 162m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
1981
Floor Size
65m2
Land Size
162m2
Local Government
Launceston
Lot/Plan
7/58668

Last Listing description (February 2026)

Nestled in the heart of Newstead, this two-bedroom unit is ideal for first home buyers, investors, or downsizers, offering excellent proximity to local amenity and the CBD. Both bedrooms feature built-in robes, ensuring practical storage, while the functional layout includes a combined bathroom and laundry designed for easy day-to-day living. The open-plan living and kitchen area is filled with natural light and opens directly to a private external courtyard, creating easy connection between indoor and outdoor spaces. A garage with secure internal access provides an additional layer of convenience. The property is expected to return around $420 per week in rent, making it an attractive option for investors - though first home buyers and downsizers will appreciate the convenience of this location. Newstead itself is a highly sought-after suburb, renowned for its tree-lined streets, local cafs, excellent schools, and beautiful parks. Everything you need is within walking distance, giving you the freedom of a low-maintenance lifestyle without compromising on amenities. Whether you are looking for your first step into the market, a smart investment with strong rental appeal, or a property that allows you to downsize without losing comfort and practicality, this property represents a great opportunity in one of Launceston's most tightly held neighbourhoods. Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 7/167a Punchbowl Rd, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$415,000
12 Oct 2025
Listed for Rent
$260/w
05 Oct 2020
  • 12 Oct 2025
    Sold for $415,000
  • 30 Sep 2025
    Listed for Sale Offers Over $395,000
  • 25 Sep 2020
    Listed for Rent $260 / week
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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. There are 8 parks, covering nearly 15.1% of the 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 2,762 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:

  • The median value for Houses in Newstead is $777,288 while the median value for Units is $499,077.
  • Houses have a median rent of $570 while Units have a median rent of $450.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 151 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 7250

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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.