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TAS › West Launceston › Frederick St

120 Frederick St, West Launceston TAS 7250

House

$685,000

Last sold

9 Apr 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

885 m²

Land

110 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $685,000 (9 Apr 2024).(Recorded sale)
  • CalculationLand 885 m² against a 110 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in West Launceston (last 5 years) with land size: median $861/m² of land (n=106). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned General Residential (120.8) under the Launceston Local Provisions Schedule.(theLIST · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$685,000

9 Apr 2024 · derived via latest_sale

Local land rate: recorded House sales in West Launceston (last 5 years) with land size have a median of $861/m² of land (n=106). Districts calculation from recorded sales — not a valuation.

West Launceston at a glance

4,336

People

$705,000

Median sale

$527/wk

Median rent

3.89%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full West Launceston report →

Vs West Launceston

-2.8%

Median sale

Suburb $705,000

+0.11 pp

Gross yield

Suburb 3.89%

Suburb median $705,000 from 41 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Launceston Local Provisions Schedule

Zone

General Residential

120.8

Jurisdiction

Launceston

Launceston, TAS

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: theLIST
  • Dataset: Tasmanian Planning Scheme Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 6676431

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$685,0009 Apr 2024
  2. Listedprice unknowncompleted4 Dec 2023
  3. Listedprice unknowncompleted4 Dec 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned General Residential · 120.8 (Launceston Local Provisions Schedule). Official parcel area about 936 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $527/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned General Residential · 120.8 (Launceston Local Provisions Schedule). Official parcel area about 936 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 936 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

West Launceston in one glance

West Launceston at a glance

4,336

People

$705,000

Median sale

$527/wk

Median rent

3.89%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full West Launceston report →

Keep researching

  • Why West Launceston? Read the area thesis →
  • What else is on the market in West Launceston →
  • Other records on Frederick St →

Listing material

Listed by Harcourts Launceston

Inner City Charm With Fabulous Views

Step into this charming circa 1958 weatherboard home, surrounded by delightful long-established gardens. Nestled on the edge of the CBD, a mere 600 metres from Launceston General Hospital, this residence combines convenience with tranquility. Enjoy fabulous views of Launceston city from the elevated block, complemented by a private deck and alfresco area. Inside, find three double bedrooms with built-in wardrobes, a sunny family living/dining space and a versatile separate lounge room (convertible to a fourth bedroom). The well-appointed modern kitchen boasts a double sink, while original polished timber floors and fretwork add character throughout. Additional comforts include an updated bathroom with a full bath, reverse cycle air conditioning and wood heating.

With a lock-up closed-in carport and under-house storage/workshop space, this property seamlessly blends practicality with potential. Consider the opportunity to add value in the future with a unit or granny flat (STCA) off Frederick St or add a return with Airbnb. Enjoy proximity to shops, supermarkets, restaurants and entertainment, as well as a short stroll to parks and the iconic Cataract Gorge. Only a 6-minute drive to Launceston's vibrant CBD, this home offers a harmonious blend of city living and natural beauty.

Key Features:

Read the full description

• A circa 1958 weatherboard home surrounded by lovely long-established gardens

• Situated on the edge of the CBD within walking distance (600m) to Launceston General Hospital

• Positioned on an elevated block with fabulous views over Launceston city

• Three double bedrooms (all with built in wardrobes)

• Sunny family living/dining & separate lounge room (or 4th bedroom if required)

• Well appointed, updated modern kitchen with double sink

• Original polished timber floors and fretwork in the hall

• Updated bathroom with full bath

• Reverse cycle air conditioning & wood heating

• Private block with city views from the deck and alfresco area

• Lock up closed-in carport (Access off Reserve St)

• Under house storage/workshop space

• Potential to value add with a unit or granny flat off Frederick St (STCA)

• Walking distance to shops, supermarkets, restaurants, hotels & entertainment

• Close to parks and the Cataract Gorge

• Only 6 minutes' drive to Launceston's CBD

Contact Jeremy Wilkinson & Nav Kaur for further information.

Rental estimate: Up to $530 long term

Airbnb return; currently receiving up to $220 per night

Property size: 110 sqm

Land size: 885 sqm

Built: 1958

Council: Launceston City

Council rates: $1,944 pa

Zoning: General Residential

**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**

Listing description written by Jeremy Wilkinson, Harcourts Launceston — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Floorboards
  • Outdoor Entertaining
  • Secure Parking
  • Toilets: 1
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.