58 Punchbowl Rd, Punchbowl is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 785m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom House sold in Punchbowl in the last 12 months.
Calling all developers, experienced renovators and skilled tradespeople. Positioned in a highly convenient location, 58 Punchbowl Road is just minutes from schools, shopping centres, public transport and everyday amenities, while being only nine minutes from the Launceston CBD.Offering exceptional potential, this property presents a range of exciting possibilities for the right buyer. Developers may envision removing the existing dwelling and constructing two brand-new residences (Subject to Council Approval), while renovators and tradespeople may choose to restore the existing home to its former glory and explore the opportunity to add a second dwelling to the site (Subject to Council Approval).Whether you're looking for your next development project, renovation challenge or investment opportunity, this property is packed with potential and ready for someone with vision to unlock its value.Year Built: 1950Land Size: 785 sqmBuilding Size: 99 sqmCouncil Rates: Approx. $1700 per annumWater Rates: Approx. $1100 per annum Zoning: General ResidentialThe information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.
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 271 properties. Over the last 5 years, Houses in Punchbowl have seen a 46.10% increase in median value, while Units have seen a 27.09% increase. As at 30 June 2026:
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