East Launceston at a glance
2,199
People
$880,000
Median sale
$571/wk
Median rent
3.37%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
TAS › East Launceston › Cardigan St
$960,000
Last sold
26 May 2022
5
Bedrooms
2
Bathrooms
4
Car spaces
688 m²
Land
250 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$960,000
26 May 2022 · derived via latest_sale
Local land rate: recorded House sales in East Launceston (last 5 years) with land size have a median of $1,436/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
East Launceston at a glance
2,199
People
$880,000
Median sale
$571/wk
Median rent
3.37%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs East Launceston
+9.1%
Median sale
Suburb $880,000
-0.28 pp
Gross yield
Suburb 3.37%
Suburb median $880,000 from 15 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 $571/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
East Launceston at a glance
2,199
People
$880,000
Median sale
$571/wk
Median rent
3.37%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sims for PropertyThis stunning home is situated on arguably one of the most beautiful streets in East Launceston. Situated at the end of the cul-de-sac with direct access to Clementina Street Park this home is surrounded by other beautiful period homes.
Internally this property features 5 bedrooms plus a separate home office split over two levels. Upon entering the home via the gorgeous front yard, you are enticed down the hall and into the main living area and heart of the home.
This open-plan space looks out over the rear yard via a timber deck off the kitchen/dining space. The kitchen is well equipped with stainless appliances including a dishwasher. There are polished timber floors and large windows to let in loads of natural light and give the home a wonderful feel.
There is a second formal living space off the lounge with mantles and period features plus a flame effect fire to add an extra cozy feel to those winter dinners with family and friends.
Three bedrooms are upstairs and two bedrooms downstairs with access to a central bathroom, plus separate home office downstairs with access to another large bathroom with separate bath, shower, and powder room. The laundry is located in the bathroom downstairs and is hidden away in a euro-style cupboard.
Downstairs also includes great under-house storage through to workshop space, all accessible internally for convenience and great for those looking for extra storage.
The yards of this home are perfectly kept, low maintenance, and are sure to be enjoyed by any lucky children or pets. The boundaries are securely fenced and there are extra storage options with a garden shed at the rear of the property and a chicken coop.
There is a large double carport plus loads of additional parking for boats, trailers, and caravans off the street along with the sealed side access.
If the internal features haven't already got you lined up for an open home maybe the fact this property is located within easy walking/driving access to great schools (East Launceston Primary, Scotch Oakburn, Launceston Grammar, St Thomas More's), It is also walking distance to Relish, Alps and Amici and Maple Cafés.
- 5 bedrooms plus study;
- Open plan living/dining and kitchen;
- Great sized rear yard with ample parking options;
- Quiet street and location;
- Beautiful period features.
House Size: 250m2
Land Size: 688m2
Council Rates: $2,290pa approx
Water Rates: $1,245 pa approx
Municipality: Launceston City
School Catchments: East Launceston Primary, Queechy High
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.
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