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 › Watchorn St
$561,000
Last sold
19 Nov 2024
4
Bedrooms
1
Bathrooms
1
Car spaces
423 m²
Land
111 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
$561,000
19 Nov 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
-15.6%
Median sale
Suburb $665,000
+0.80 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 Casa Property Consultancy SalesAre you searching for a new home in South Launceston? Look no further—this could be just the one for you! Built in 1945, this home has a history of humble beginnings. However, under the care of its current owners, it has undergone a remarkable transformation, evolving into a cherished sanctuary of warmth and light—a true family haven.
Step through the striking leadlight front door, and you're welcomed into an open and light-filled hallway. This hallway seamlessly flows into the expansive family and kitchen area, providing the ideal space for creating unforgettable family moments. Additionally, the separate living room, adorned with elegant Art Deco elements, including an exquisite fireplace and unique ceiling accents, offers versatility as a potential fourth bedroom if desired.
Each room has been thoughtfully renovated and refurbished, exuding a sense of peace as you explore its inviting interiors. The heart of the home, the family and kitchen area, effortlessly extends onto a sunny deck and garden—a perfect setting for both entertaining and relaxation. Here, a graceful Pepper tree offers shade for children's play, while parents can unwind and soak in the peaceful ambiance from the comfort of the deck.
The newly renovated kitchen and living space are spacious, comfortable, and aesthetically pleasing, with large windows framing outdoor views, enhancing the sense of openness. With a new bathroom featuring a separate bath, shower, and vanity, along with ample storage, and an attractive laundry, with an extra toilet, complete with timber benchtops and additional storage, convenience and style abound.
One of the most captivating features of this home is the abundant natural light that floods the living space, infusing it with a sense of brightness and cheerfulness.
Don't miss out on the opportunity to make this exceptional residence your own—act now and seize the chance to create lasting memories in this truly special place!
Listing description written by Karen Magnotta, Casa Property Consultancy Sales — reproduced as published, not verified by Districts.
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