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 › Abbott St
$1,100,000
Last sold
22 Nov 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
621 m²
Land
134 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
$1,100,000
22 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in East Launceston (last 5 years) with land size have a median of $1,416/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
+25.0%
Median sale
Suburb $880,000
-0.67 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 PropertySituated in arguably one of the most beautiful areas of East Launceston is 25 Abbott Street - this beautiful early 1900's character home has under gone a complete makeover. The workmanship and quality of this renovation is exquisite and is certain to impress, while still retaining the beautiful, original character features of this era of home.
From the moment you arrive at this beautiful home you would be forgiven if need a moment to stop and take it all in. The lounge/living room is at the front of the home and invites quality time with family in a beautiful sun lit setting, with a stunning outlook to add to the space. The kitchen and dining space is well serviced with the kitchen featuring quality appliances and a vast amount of storage. The kitchen is situated at the rear of the home and has a beautiful outlook over the landscaped gardens.
The home comprises of 4 bedrooms in total, all filled with magnificent natural light. The master suite is situated downstairs along with the second bedroom, both offering built in robes and serviced by a central bathroom. The other two bedrooms are upstairs, along with the second bathroom.
The home is kept comfortable all year around with a reverse cycle air conditioner, and the added bonus of a wood heater.
Hidden at the rear of the property, you will be swept away by the hard work and attention to detail that has gone into the impressive entertaining space and the beautiful established, landscaped gardens. The home is fully fenced making this the perfect space for children and pets to play. The home offers great parking options, with a double carport accessible from Berean Street.
The home offers a vast amount of storage options with under house storage plus a wine cellar and there is also additional storage in the carport.
The property is a located moments from local cafes and an easy stroll to East Launceston Primary School. With Grammar & Scotch Oakburn only minutes away, and the CBD just 5 minutes.
- Beautiful, character style home;
- Stunning renovations throughout;
- Great natural light with a neutral colour palette throughout;
- 4 bedrooms and 2 bathrooms;
- Well-manicured, landscaped gardens;
- Fantastic storage throughout the home.
Year Built: 1910
Council Rates: $1,954 pa approx.
Water Rates: $1,072 pa approx.
House Size: 134m2
Land Size: 621m2
Municipality: Launceston City Council
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.