South Launceston at a glance
4,840
People
$665,000
Median sale
$549/wk
Median rent
4.29%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
TAS › South Launceston › Garden Grove
$700,000
Last sold
6 Oct 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
635 m²
Land
102 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$700,000
6 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in South Launceston (last 5 years) with land size have a median of $926/m² of land (n=107). Districts calculation from recorded sales — not a valuation.
South Launceston at a glance
4,840
People
$665,000
Median sale
$549/wk
Median rent
4.29%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs South Launceston
+5.3%
Median sale
Suburb $665,000
-0.21 pp
Gross yield
Suburb 4.29%
Suburb median $665,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $549/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
South Launceston at a glance
4,840
People
$665,000
Median sale
$549/wk
Median rent
4.29%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harrison Agents LauncestonIn the heart of South Launceston, tucked into one of the suburb's most desirable pockets, sits a home that feels as though it has been waiting for everyone, families, first home buyers or those simply searching for a space that blends comfort with modern ease. Over time, it has been thoughtfully renovated, pared back to a clean, minimalistic style while never losing the warmth that only a solid brick build can hold.
Inside, you'll find three generously sized bedrooms, each with built in robes, all conveniently centred around the beautifully updated bathroom, which features - a bath for long soaks, a shower for the everyday rush, a sleek vanity and a separate toilet with its own sink, because even the simplest details here have been considered.
But the true heart of the home waits further in. Step into the living space where it streams in natural light. A woodfire sits ready to bring its old world charm on cooler nights, while the modern addition of an 8kW Fujitsu heat pump ensures comfort is always at hand. From here, the story shifts seamlessly to dining and conversation, and then onward into the kitchen.
The kitchen is the type of space that invites you to linger. Crisp white cabinetry, accented with matte black handles, meets an outlook across the yard through an openable window, a perfect picture frame to daily life. Every detail, from the electric cooktop, oven, rangehood and dishwasher to the walk through pantry doubling as a laundry, has been designed to keep the rhythm of modern living flowing with ease.
Every chapter of this home carries a touch of the new, with double glazed windows, upgraded wiring and mains, a fresh coat of paint inside and out - yet beneath it all lies a sturdy base of quality craftsmanship. Below, a single garage and additional workshop space provide room for projects an storage, whilst extra parking means convenience extends beyond the front door.
Outside, the story unfolds into evenings on the deck, laughter circling a fire pit and children making adventures of their own in the cubby house tucked into the landscaped, tiered yard. It’s a space that welcomes gatherings and quiet moments alike, designed to be lived in, loved and shared.
And then, of course, there is the setting. South Launceston offers the kind of lifestyle that others seek. Just five minutes from the Launceston General Hospital, close to recreation parks and with the city centre’s cafés, dining and entertainment just down the road. Here, everything is at your fingertips.
This is more than a house, it’s a story ready to be continued by its next chapter - you.
*Currently tenanted until the 3rd of November 2025, for a rental income of $600 per week.
The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.
Listing description written by Josh Schaeche, Harrison Agents Launceston — reproduced as published, not verified by Districts.
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