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South Launceston Median Price
House$577,400
Unit$490,000
Land$246,200
The House price is 3% lower than last year.
Surrounding suburbs
Kings Meadows$576,600
Newstead$702,200
Punchbowl$573,300
West Launceston$607,800
South Launceston rent price
A5 Meredith Crescent, South Launceston
Sold $272,500 in Nov 2011 [Rectify]
Last Sold $230,000 in Feb 2005
Rent $360pw in Apr 2019
House: 3 Bed rooms 1 Bath rooms 1 Car spaces
Land size: 1,012 sqm | Building size: 119 sqm [Measure]
Agent: Harcourts - Launceston
Distance: 159.7 km to CBD

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Property Description:
Great Investment- Development Potential
Investors take note! Solid rental history PLUS potential to sub-divide.This property sits in an elevated position giving lovely views over the city to the river, yet is easy walking distance to the Launceston General Hospital, the Charles St caf strip and the CBD. The huge 1012m2 block has rear access from Curena Street and has previous council approval to sub-divide. The 1930 character home at the front of the block has been renovated in the all important kitchen and bathroom areas but still retains open fireplaces and mantles, polished floorboards and two verandahs. The fully renovated kitchen has stainless steel appliances, including double drawer dishwasher, and timber joinery. The bathroom is also renovated with stylish black and white flooring, new fittings and heated towel rails. The dining room has french doors opening to a deck overlooking the garden. This property offers so much more than most inner city properties.
Lot/Plan No: 1/168316
Lot/Plan No: 1/168316
Lot/Plan No: 1/168316
Planning History:
[07 Apr 2014] Residential - multiple dwelling; construction and use of a multiple dwelling
Search neighbour's planning permit
Nearby Schools:
NameTypeRankDistance
Glen Dhu Primary SchoolPrimaryNo.55409 metres
Comments:
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The property data is from the auction results and realestate websites.

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