1/1 Vasey St, Punchbowl is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 515m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
1/1 Vasey Street is hidden away in a quiet cul-de-sac and is walking distance to Kings Meadows, and just a few minutes to Newstead and the Launceston CBD.
This 3-bedroom weatherboard home has undergone extensive updates by the current owner who has focused on thermal efficiency and convenience. Private and low maintenance, the yard is fully enclosed and features garden beds with multiple outdoor entertaining options. You will also find the laundry shed which is fully insulated with a raised floor, and new plumbing and wiring.
Inside the home, there are 3 generous sized bedrooms and a bathroom featuring separate bath and shower.
Other key features of this charming home include:
- 3.5 kw rooftop solar power;
- 3 reverse cycle air conditioning units for comfort zoning;
- Modern and efficient wood heater together with heat transfer system;
- Energy efficient heat pump hot water heater;
- NBN wired with fibre optic cable to the premises;
- Bradford Optimo R2.5 Underfloor insulation and Bradford R3.5 ceiling insulation;
- Perimeter security video;
- Updated wiring;
- Outdoor entertaining with BBQ area;
- Smart home connectivity;
- Rainwater tank with pump;
- Carport plus additional off-street parking spaces.
If you are looking for an energy efficient smart home, or a reliable investment property this could be just what you have been looking for!
Year Built: 1950
House Size: 112m2
Land Size: 515m2
Council Rates: $1,488pa approx
Water Rates: $1,151pa approx
Municipality: Launceston City Council
School Catchments: Punchbowl Primary, Kings Meadows and Queechy 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 Punchbowl is approximately 0.6 square kilometres. There are 2 parks, covering nearly 39.5% of the total area. The population of Punchbowl in 2016 was 463 people. By 2021 the population was 491 showing a population growth of 6.0% in the area during that time. The predominant age group in Punchbowl is 30-39 years. Households in Punchbowl are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Punchbowl work in a professional occupation.In 2021, 55.50% of the homes in Punchbowl were owner-occupied compared with 54.80% in 2016.
Punchbowl has 272 properties. Over the last 5 years, Houses in Punchbowl have seen a 49.62% increase in median value, while Units have seen a 31.36% increase. As at 31 May 2026:
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