Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $230,000 | 0.0% | $202,000 | $469,000 | 16 |
| 2010 | $250,000 | +8.0% | $182,500 | $435,000 | 14 |
| 2011 | $220,000 | -13.6% | $157,000 | $326,500 | 13 |
| 2012 | $177,700 | -23.8% | $131,250 | $235,000 | 5 |
| 2013 | $185,000 | +3.9% | $141,000 | $300,000 | 9 |
| 2014 | $262,000 | +29.4% | $142,000 | $305,000 | 7 |
| 2015 | $216,000 | -21.3% | $160,000 | $255,000 | 8 |
| 2016 | $215,000 | -0.5% | $150,000 | $350,000 | 13 |
| 2017 | $244,000 | +11.9% | $220,000 | $296,000 | 8 |
| 2018 | $332,000 | +26.5% | $190,000 | $967,000 | 6 |
| 2019 | $262,000 | -26.7% | $52,500 | $405,000 | 10 |
| 2020 | $366,500 | +28.5% | $285,000 | $468,000 | 8 |
| 2021 | $477,000 | +23.2% | $275,000 | $530,000 | 4 |
| 2022 | $476,000 | -0.2% | $470,000 | $894,000 | 4 |
| 2023 | $455,000 | -4.6% | $360,000 | $600,000 | 6 |
| 2024 | $500,000 | +9.0% | $436,000 | $525,000 | 3 |
Median Sale Price
$460K
Based on 8 recorded sales within the last 12 months
Updated on 20 Apr 2024
Suburb Growth
+16.3%
Current Median Price: $460,000
Previous Median Price: $385,000
Based on 9 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | - | - | - | - | - |
| 2014 | $300 | 0.0% | $250 | $320 | 3 |
| 2015 | $280 | -7.1% | $140 | $420 | 14 |
| 2016 | $265 | -5.7% | $140 | $340 | 6 |
| 2017 | $290 | +8.6% | $250 | $290 | 4 |
| 2018 | $350 | +17.1% | $320 | $360 | 4 |
| 2019 | $350 | 0.0% | $330 | $350 | 2 |
| 2020 | $320 | -9.4% | $200 | $460 | 7 |
| 2021 | $390 | +17.9% | $360 | $450 | 3 |
| 2022 | $500 | +22.0% | $310 | $600 | 9 |
| 2023 | $480 | -4.2% | $400 | $495 | 5 |
| 2024 | $480 | 0.0% | $295 | $530 | 3 |
Median Rent Price
$480
per week
Based on 5 recorded rent within the last 12 months
Updated on 20 Apr 2024
Rent Price Growth
+2.1%
Current Median Rent: $480
Previous Median Rent: $470
Based on 16 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.4%
Current Median Price: $460,000
Current Median rent: $480
Based on 13 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Schools closest to Punchbowl, TAS 7249
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Punchbowl Primary School | 146 PUNCHBOWL ROADLAUNCESTON 7249 | Primary | Government | 0.75 km |
| Norwood Primary School | NORWOOD AVENUENorwood 7250 | Primary | Government | 1.06 km |
| Newstead Christian SchoolTop 20 | Newstead 7250 | Combined | Independent | 1.61 km |
| St Thomas More's Catholic School | 125 ABBOTT STNewstead 7250 | Primary | Catholic | 1.61 km |
| Queechy High School | 161 PENQUITE ROADNorwood 7250 | Secondary | Government | 1.38 km |
| Glen Dhu Primary School | 270 WELLINGTON STREETSouth Launceston 7249 | Primary | Government | 1.56 km |
| East Launceston Primary School | 18 MARY STREETEast Launceston 7250 | Primary | Government | 2.09 km |
| John Calvin SchoolTop 10 | 53 HOWICK STLaunceston 7250 | Combined | Independent | 1.89 km |