TAS has seen average median house prices change by 4.95% which means that Punchbowl, 7249 has done well for property investors by showing a capital gain of 7.50% over the last year
Taking the average capital gain, or increase in median house value, Punchbowl,7249 has racked up an average of 7.50% over the period. This ranks it number 1865th in the whole country for real estate investors looking at median house price increases.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Punchbowl itself are offering an average vendor discount of -8.89% to real estate investors.
In the last year 14 properties changed hands in Punchbowl, which puts it as the 158th most active market in TAS when comparing the number of sales per suburb.
Situated 158.67km from the CBD, Punchbowl is one of Launceston localities in the postcode 7249.