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Back 7/167A Punchbowl Rd
Off Market

7/167A Punchbowl Rd

Newstead TAS 7250

2
1
1
65 m²
162 m²
House
Last sold for $415,000
Lochie ReidLochie Reid, last sold this property on 16 October 2025 after 16 days on market.

Overview

Excellent Investment or First Home

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 cafés, 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.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
65 m² floor area
162 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Newstead over the last 12 months, the estimated median property value of 7/167A Punchbowl Rd is $587.5k.

Median value
$587.5k
Estimated value range
$220k - $765k
Median days on market
19
Estimated value trend
19%
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 7/167A Punchbowl Rd

2025
Sold
$415,000
Private Sale/Treaty on 16 Oct 2025 by Lochie Reid, of Living Here Launceston
2020
Rented
Undisclosed
Leased on 02 Oct 2020 by @home Property Management

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 2 bedroom houses in Newstead

In the last 12 months, 12 two-bedroom houses similar to 7/167A Punchbowl Rd, have been sold.

This represents a 62% decrease in two-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Newstead

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George Bushby

George Bushby is an award winning recommended agent for Newstead.  They have 14 local sales and collected 12 local reviews across the last 12 months.

  •   4.8   (54 reviews)
  •  12 Reviews in Newstead
  •  14 Sales in Newstead
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David Hernyk

Sellers who recommend David Hernyk have praised them for being clear communication, local expert, responsive, friendly, honest, easy to work with and supportive

  •   4.9   (416 reviews)
  •  6 Reviews in Newstead
  •  7 Sales in Newstead
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Jake Loizou

Sellers who recommend Jake Loizou have praised them for being well-prepared, clear communication, local expert and responsive

  •   5   (25 reviews)
  •  5 Reviews in Newstead
  •  2 Sales in Newstead
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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   (305 reviews)
  •  4 Reviews in Newstead
  •  5 Sales in Newstead
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