Launceston at a glance
3,116
People
$695,000
Median sale
$571/wk
Median rent
4.27%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
TAS › Launceston › French St
$2,000,000
Last sold
14 May 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
728 m²
Land
326 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
$2,000,000
14 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Launceston (last 5 years) with land size have a median of $1,862/m² of land (n=59). Districts calculation from recorded sales — not a valuation.
Launceston at a glance
3,116
People
$695,000
Median sale
$571/wk
Median rent
4.27%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Launceston
+187.8%
Median sale
Suburb $695,000
-2.79 pp
Gross yield
Suburb 4.27%
Suburb median $695,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Launceston Local Provisions Schedule
Zone
General Residential
120.8
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 General Residential · 120.8 (Launceston Local Provisions Schedule). Official parcel area about 734 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 $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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · 120.8 (Launceston Local Provisions Schedule). Official parcel area about 734 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 734 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
Launceston at a glance
3,116
People
$695,000
Median sale
$571/wk
Median rent
4.27%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sims for PropertyTucked away in a peaceful and private pocket of Launceston, 24 French Street unfolds as a home that carries both history and refinement, where the past and present blend effortlessly to create something truly special. Originally built in the 1850s, the residence has been thoughtfully preserved and meticulously maintained, allowing its character and heritage to remain beautifully intact while embracing carefully considered modern updates. Set in a prized north-facing position, the home captures breathtaking views across the city, stretching beyond the rooftops and treetops toward the glistening waters of the Tamar River. From sunrise through to the evening glow of city lights, the outlook provides a constantly changing backdrop that enhances everyday living.
Arriving at the home, there is an immediate sense of calm and privacy. The property reveals itself slowly, inviting you inside where its history and thoughtful renovation begin to unfold. Stepping through the entrance, the home opens into a spacious, light-filled interior where every element has been carefully considered. The original character remains present, yet seamlessly balanced with refined contemporary updates, creating a residence that feels timeless rather than tied to any single era.
At the centre of the home lies the open-plan living space, a warm and welcoming hub where daily life naturally gathers. Large windows flood the room with natural sunlight and frame the remarkable outlook, constantly drawing the eye toward the panoramic views beyond. The kitchen forms a striking focal point within this space, designed for both practicality and style. Premium appliances, elegant stone benchtops, and generous storage ensure the kitchen functions effortlessly, while the large and well-appointed butler's pantry provides additional preparation and storage space that keeps the main area beautifully uncluttered. From morning coffee to lively evening gatherings, this is a space designed to bring people together.
The adjoining dining and living areas continue the home's seamless sense of flow, connecting directly to the enclosed alfresco entertaining space. Here, large sliding doors open wide to blur the lines between indoors and out, creating a natural extension of the living area. The alfresco zone has been designed with year-round entertaining in mind, complete with outdoor ceiling heaters and a built-in BBQ kitchen that allows gatherings to continue comfortably through every season. A particularly meaningful feature within this space is the incorporation of the original bricks from the home's earliest construction, offering a subtle yet powerful reminder of the property's long and fascinating history. Just off the kitchen, a second living space offers a more intimate retreat-a comfortable room where the family can gather on cooler evenings, creating a cosy and relaxed environment away from the main entertaining zone.
The master suite continues the home's sense of comfort and quiet luxury, positioned to take full advantage of the exceptional views. This private sanctuary offers a peaceful escape, complete with its own deck area where the surrounding outlook can be enjoyed in complete privacy. Inside, the suite is complemented by a generous walk-in robe and a beautifully appointed ensuite featuring a freestanding bath, double basins, a spacious walk-in shower and refined finishes that create a space of understated elegance.
Two additional bedrooms continue the home's thoughtful design, each well-sized and fitted with built-in robes to provide comfortable accommodation for family or guests. The second bathroom, featuring a walk-in shower, is positioned for practicality and ease of use. Adding further flexibility to the home is a versatile rumpus room which can easily adapt to changing needs-whether utilised as a study, a fourth bedroom, or a dedicated children's play area. A separate laundry offers excellent storage and functionality, while throughout the residence a ducted split system air conditioning ensures year-round comfort regardless of the season.
Outside, the story of the home continues within its private and easy-care gardens. Carefully established greenery surrounds the property, creating a peaceful setting filled with leafy character. Raised vegetable beds offer the opportunity for fresh homegrown produce, while a garden/storage shed provides additional practicality for everyday living. The double garage with internal access delivers secure parking and convenience, completing a property that balances charm with functionality.
Despite the sense of privacy and quiet retreat, the home's location remains incredibly connected to the heart of Launceston. A short stroll leads to local cafés, restaurants, parks, the hospital and the nearby aquatic centre, while the energy and convenience of the Launceston CBD sits only moments away. With its rich history, carefully considered design and breathtaking views, 24 French Street is more than a residence. It is a home that has quietly watched the city evolve for generations, now ready to welcome its next chapter.
Built: 1850's
Land size: 734m2 approx.
House size: 261m2 approx.
Water Rates: $1,000.00pa approx.
Zoning: General Residential
School Catchments: East Launceston Primary School & Queechy High School
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.