48 Blamey Rd, Punchbowl is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 703m2 and floor size of 111m2.This Property is currently listed for sale with Harcourts Launceston
Packed with possibility and positioned on a generous 703m block, this solid 1950s-built three-bedroom home presents an exciting opportunity for first-home buyers, renovators, and savvy investors alike.
Offering comfortable living in its current condition, the home provides the flexibility to move straight in and gradually update over time, take on a full renovation from the outset, or explore the future development potential the substantial block may offer (STCA). With plenty of scope to add value, this is a property where vision and creativity can truly make their mark.
Featuring three bedrooms, a central bathroom, and off-street parking for two or more vehicles, the home provides a practical foundation with plenty of room to enhance. The generous backyard and spacious block add further appeal, with the property backing onto the picturesque surrounds of the Launceston Golf Course.
Conveniently positioned within easy reach of everyday amenities, this home is less than 1km from the Kings Meadows shopping precinct, approximately 1km from Punchbowl Primary School, and just a short seven-minute drive to the Launceston CBD.
The property is currently leased to tenants until October 2026 at $365 per week, providing immediate rental income while allowing time to plan future improvements or occupancy.
Whether you're looking to enter the market, secure an investment, or unlock the potential of a well-positioned property, 48 Blamey Road offers an exciting opportunity in a sought-after and convenient location. Enquire today.
Rental Estimate: $365 p/w as is. More with updates. Currently leased at $365 p/w until October 2026.
House size: 97m2 + 20m2 Shed
Land size: 703m2
Built: 1950
Rates: $1,700 approx. p/a
Council Zoning: Residential
Council: City of Launceston
Heritage listed: No
**Harcourts Launceston 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. All measurements are approximate.**
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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