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 › Craiglands Ct
4
Bedrooms
3
Bathrooms
6
Car spaces
Districts View
Nothing about this record stands out yet — coverage may still be filling in.
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
No recorded sale price for this property yet.
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.
Planning
Planning scheme
Launceston Local Provisions Schedule
Zone
Low Density Residential
120.10
Jurisdiction
Launceston
Launceston, TAS
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
TASZoned Low Density Residential · 120.10 (Launceston Local Provisions Schedule). Official parcel area about 2,106 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.
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
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · 120.10 (Launceston Local Provisions Schedule). Official parcel area about 2,106 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
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?
KnownmediumOfficial parcel about 2,106 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 This Space Real EstateTHIS SPACE PRESENTS: 18 Craiglands Court, West Launceston
Positioned in a peaceful and elevated setting, this much-loved home offers an exceptional blend of comfort, flexibility, and natural beauty delivering a lifestyle that feels both relaxed and inspiring.
Upstairs, the home welcomes you with a light filled open plan design, where the kitchen, dining, and living areas connect seamlessly. The well appointed kitchen includes a large pantry and high end stove, while sliding doors beckon you out to a spacious deck ready for effortless indoor and outdoor living or entertaining.
The master suite is a private retreat, complete with a walk in robe, stylish ensuite, and beautiful elevated views. Two additional generously sized bedrooms are thoughtfully designed with built in or walk in wardrobes and receive plenty of natural light.
Downstairs provides a fully self contained space, ideal for extended family, guests, or flexible living arrangements. This level includes a comfortable large living area, kitchenette, combined bathroom/laundry, and a fourth bedroom, along with its own private entrance. There is internal access from the garage, and entry via the lower deck which takes in views from the gardens to the mountains, adding to the home’s functionality and appeal.
The property enjoys sunny winter mornings and cool, shaded summer afternoons, with refreshing breezes drifting up the valley. The expansive outlook provides an ever changing and picturesque backdrop, from misty winter mornings to vibrant seasonal colour throughout the year. At night, the whole city of Launceston twinkles below.
The established garden is a standout feature, offering year round beauty and an impressive selection of homegrown produce. Enjoy harvesting quince, plums, apples, lemons, apricots, peaches, pears, hazelnuts, horseradish, and a variety of herbs including sage, rosemary, thyme, bay, and oregano. It’s a perfect haven for those who love cooking from scratch, preserving, or connecting with the local crop swap community. Outdoor spaces are equally inviting, including a charming wisteria-covered area ideal for entertaining or simply unwinding to the sounds of birdlife.
Practical elements further enhance the property, including a well-designed chook shed and a fully equipped “she shed” with electricity and running water making it perfect for hobbies or creative pursuits. With a driveway to the door, It would convert beautifully to an air bnb or work from home space.
With generous storage, easy access, and a thoughtfully designed layout, this lovely home provides a calm and organised living environment. This home is easy to live in, and is a welcoming space that continues to delight each time you walk through the front door.
THIS SPACE. the features.
- Secure garage
- Carport
- Off street parking
- Fully fenced backyard
- Stone bench tops
- Hardwood floors
- Under cover deck x 2
- Storage/ workshop
- Established gardens/ mature fruit trees
THIS SPACE. the details.
Home Size: 243 m2 approx (internal space only includes garage)
Land Size: 2102 m2
Year Built: 1971
Zoning: Low Density Residential
THIS SPACE. the location.
Conveniently located just five minutes from the city, this home offers a rare sense of privacy without compromising accessibility.
DISCLAIMER:
This Space Real Estate provides this information for general guidance only. While every effort is made to ensure accuracy, we make no representations or warranties regarding the completeness or reliability of any information provided. All prospective purchasers should conduct their own investigations. This Space Real Estate accepts no liability for errors, omissions, or misstatements.
Property Code: 255
Listing description written by Jamie Beaton, This Space Real Estate — reproduced as published, not verified by Districts.
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