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.
TAS › West Launceston › Laura St
$640,000
Last sold
4 Nov 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
307 m²
Land
124 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
$640,000
4 Nov 2025 · 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.
Vs West Launceston
-9.2%
Median sale
Suburb $705,000
+0.39 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 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 $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.
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
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.
Listing material
Listed by Harrison Agents LauncestonSteeped in history and rich in character, this charming 1900 built weatherboard home in the heart of West Launceston captures the essence of classic architecture while offering all the comforts of modern living. Perfectly suited to investors or first home buyers, it presents the rare combination of space, style and location - all within minutes of the Launceston General Hospital the CBD and multiple primary and high schools.
From the street, the grand double storey terrace makes an instant impression, its timeless façade hinting at the character within. Step inside and you're greeted by a welcoming living room, filled with natural light and a sense of warmth. As with many character homes, each room tells its own story - sectioned for privacy yet flowing naturally through the main living quarters. The spacious living area features a reverse cycle air conditioner for year round comfort and French doors that open to the lower terrace, creating an ideal retreat to unwind.
The living room connects effortlessly to a bathroom with shower, toilet and vanity, before leading through to the dining and kitchen spaces. The dining room retains its original fireplace mantel, a nod to the home's heritage charm, while the renovated kitchen brings a fresh modern touch with sleek white cabinetry, a dishwasher, oven, cooktop and rangehood. From here, you can admire views of the backyard or step straight outside for easy entertaining.
Also on the lower level is the laundry and one of the four bedrooms, generous in size and complete with an elegant fireplace mantel and original timber accents that speak to the home's era.
Upstairs, three generous bedrooms await, each filled with natural light and offering sweeping views that extend across the city all the way to Ben Lomond. The upstairs bathroom exudes vintage character with its clawfoot bath, complemented by a toilet and vanity.
Outdoors, the fully fenced yard is a private haven designed for both relaxation and entertaining. The undercover entertaining area invites gatherings with family and friends year round and features a nostalgic brick oven. Beyond this, a sunny open patio provides additional space to unwind or enjoy a morning coffee surrounded by established greenery. The backyard also includes a garden shed for extra storage, while off street parking ensures everyday convenience.
This property beautifully balances old world character with considered updates, offering an inviting lifestyle just moments from the city. Every corner of the home reflects warmth and history, from its preserved original details to its modern touches that make daily living effortless.
With a rental appraisal estimated between $600 and $620 per week, this home represents an excellent opportunity to secure a character property in a convenient and highly sought after pocket.
Whether you're looking to move straight in, add to your portfolio or simply enjoy the character of a bygone era, this double storey residence offers space, warmth and undeniable potential. Ready for you to call it yours.
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.