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48 Blamey Road, Punchbowl$489,000
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48 Blamey Road

Punchbowl, TAS 7249, Australia
$489,000
3 bed 1 bath 2 car703 m²

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About this property

Packed with possibility and positioned on a generous 703m² 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.**

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
703 m²
Listed
3 weeks ago

Repayment calculator

$2,371/month
$1,185 /fortnight
Loan $391,200 at 6.10% over 30 years

Upfront costs

Deposit$97,800
Stamp duty$17,780
Conveyancing (est.)$2,000
Total upfront$117,580
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Punchbowl

This 3-bedroom house in Punchbowl, TAS 7249 sits within reach of public transport, local shops local amenities. It is listed 18% below the $599,000 median of 57 comparable houseswithin 5 km.

What's nearby

  • Punchbowl Rd before Blamey Rd (bus)306 m away
  • Punchbowl Store382 m away
  • Morsehead Street Reserve126 m away
  • Punchbowl Reserve543 m away
  • Unnamed589 m away

Punchbowl at a glance

Full suburb profile
Population
491
Median age
34
Household income
$1,233/wk
Median rent
$278/wk
Median mortgage
$1,105/mo

Source: ABS Census.

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