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Back 1/166 Punchbowl Rd
Off Market

1/166 Punchbowl Rd

Newstead TAS 7250

3
1
1
157 m²
350 m²
House
Last sold for $495,000
Richard SimsRichard Sims, last sold this property on 25 September 2025 after 127 days on market.

Overview

Charming Character with Modern Comfort in Newstead

Welcome to 1/166 Punchbowl Road - a beautifully presented character home that blends timeless charm with modern comfort, perfectly positioned in one of Launceston's most sought-after suburbs. From the moment you step inside, you'll be greeted by character features that have been thoughtfully enhanced with contemporary updates. The home has been professionally re-painted externally, giving the home a fresh and inviting feel. The sun-soaked open plan living and kitchen area is the heart of the home - filled with natural light and offering a stunning view of the distant mountains. It's the perfect space to relax, unwind, or entertain. The home also offers excellent versatility, with the option of enjoying a separate large lounge room with two bedrooms, or configuring it as a three-bedroom home with open plan living and dining, depending on your lifestyle needs. The kitchen is well-equipped with quality appliances, generous bench space, and excellent storage, making everyday living a breeze. All three bedrooms are spacious and include wardrobes, while the centrally located bathroom features a shower over bath and lovely natural light. The large laundry also includes a second shower, adding extra flexibility and functionality. A reverse cycle heat pump ensures year-round comfort, and the gated rear yard offers both privacy and security, along with a carport for off-street parking. Low-maintenance and full of warmth, this home is an ideal choice for first home buyers, downsizers, or investors looking to secure a property in a well-connected, lifestyle-friendly location. Situated in the heart of Newstead, you're just moments from local cafés, shops, reputable schools and only a short drive to the Launceston CBD. Don't miss your chance to secure this light-filled, move-in-ready home in popular Newstead. For investors, the property is currently estimated to achieve a rental return of approximately $485 - $515 per week. • Three generous bedrooms with wardrobes; • Open-plan living/kitchen with mountain views; • Quality appliances and excellent storage throughout; • Central bathroom plus second shower in laundry; • Heat pump for year-round comfort; • Walkable location close to schools, shops, and cafés. Year Built: 1946 House Size: 157sqm Land Size: 350sqm Council Rates: $1,700pa approx Water Rates: $1,156pa approx Municipality: Launceston City Council School Catchments: Punchbowl Primary, Queechy & Kings Meadows 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.

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
157 m² floor area
350 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Newstead over the last 12 months, the estimated median property value of 1/166 Punchbowl Rd is $655k.

Median value
$655k
Estimated value range
$405k - $920k
Median days on market
15
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newstead. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/166 Punchbowl Rd

2025
Sold
$495,000
25 Sep 2025 by Richard Sims, of Sims for Property
2022
Sold
Undisclosed
Private Sale/Treaty on 15 Oct 2022 by Stuart Ferrall, of One Agency Launceston
2022
Rented
Undisclosed
Leased on 27 Jan 2022 by One Agency Launceston

Happy sellers in Newstead

88%
88% of sellers in Newstead reported that their sale price either exceeded or met their price expectations.

Newstead stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 40 reviews in Newstead over the last 12 months.

Local market activity for 3 bedroom houses in Newstead

In the last 12 months, 59 three-bedroom houses similar to 1/166 Punchbowl Rd, have been sold.

This represents a 7% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

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George Bushby

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David Hernyk

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Jake Loizou

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  •   5   (25 reviews)
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Michael Dearsley

Sellers who recommend Michael Dearsley have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and dedicated

  •   5   (303 reviews)
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