South Launceston at a glance
4,840
People
$662,500
Median sale
$549/wk
Median rent
4.31%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
TAS › South Launceston › Heather St
$430,000
Last sold
5 June 2025
2
Bedrooms
1
Bathrooms
2
Car spaces
644 m²
Land
105 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
$430,000
5 June 2025 · derived via latest_sale
Local land rate: recorded House sales in South Launceston (last 5 years) with land size have a median of $927/m² of land (n=107). Districts calculation from recorded sales — not a valuation.
South Launceston at a glance
4,840
People
$662,500
Median sale
$549/wk
Median rent
4.31%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs South Launceston
-35.1%
Median sale
Suburb $662,500
+2.33 pp
Gross yield
Suburb 4.31%
Suburb median $662,500 from 48 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
$662,500
Median sale
$549/wk
Median rent
4.31%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sims for PropertySituated in a quiet pocket of South Launceston, 13 Heather Street presents a fantastic opportunity for those looking to secure a solid character home with great potential. Built in 1923, this double brick residence has stood the test of time and is ready for a new owner to restore and modernise it to their taste. With solid bones and classic features, it's a renovator's delight-offering the perfect canvas to create something special.
Inside, the home features two generously sized bedrooms and a functional central bathroom. At the front of the home, a spacious living room provides a comfortable place to relax, with an adjoining sunroom that adds warmth and natural light to the living space. The kitchen is located at the rear of the property and offers direct access to the backyard.
Outside, the property offers a large rear yard with plenty of space for gardens, entertaining areas, or extensions, and there is good off-street parking available. The home is conveniently located just a short drive from the Launceston CBD and the Launceston General Hospital, and is also close to local schools, parks, and shopping facilities, making it a convenient choice for a wide range of buyers.
Whether you're looking to renovate and create your dream home or seeking a worthwhile project in a well-established location, 13 Heather Street is an opportunity not to be missed.
Year Built: 1923
House Size: 105sqm
Land Size: 644sqm
Council Rates: $1,139pa approx
Water Rates: $968pa approx
Municipality: Launceston City Council
School Catchments: West Launceston Primary School
Zoning: General Residential
Sims for Property 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.
Listing description written by Richard Sims, Sims for Property — reproduced as published, not verified by Districts.