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 › Charles St
$750,000
Last sold
5 Nov 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
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
$750,000
5 Nov 2025 · derived via latest_sale
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
+7.9%
Median sale
Suburb $695,000
-0.31 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 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
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 Bushby CreesePerfectly positioned in the heart of Launceston, this heritage-rich cottage embodies a storied past blended with the comfort and sophistication of modern living, within easy walking distance of the very best the city has to offer.
Originally built circa-1880, the home presents a picture of timeless street appeal. A classic white picket fence frames the garden, where leafy trees and manicured greenery lead to a striking red front door that sets the tone for the warmth and charm that lies within. A covered front verandah completes the home's picture-perfect façade.
Inside, the home's superb period features have been lovingly preserved and thoughtfully enhanced through considered renovations. Polished timber flooring, original fireplaces, high ceilings, and detailed craftsmanship throughout create a sense of enduring elegance.
The cosy lounge, complete with in-built timber bookcases, flows through to the dining room, a beautiful glass-encased atrium filled with natural light. This space is ideal for relaxed meals or entertaining and opens directly to the private courtyard, allowing the living and dining areas to connect seamlessly with the outdoors.
The kitchen is both spacious and functional, with timber cabinetry and extensive bench space, including a central island. A large pantry ensures practicality matches the aesthetic, creating a space inviting and efficient.
Accommodation includes three light-filled bedrooms, one featuring built-in wardrobes, with all three retaining their original fireplaces, now decorative but still rich in history and character.
The bathroom is modern and elegant, with a bath and shower combination, a sleek vanity and a toilet, providing a contemporary touch that complements the home's classic features.
The property's gardens are truly special, providing a lush, private sanctuary in an urban setting. Shady trees, flourishing rosebushes and vibrant seasonal colour create a tranquil escape that feels a world away from the bustle of city life.
Additional features include a large laundry with generous storage, along with an external shed. Year-round comfort is assured with reverse-cycle air. The grounds are fully fenced, and off-street parking for two vehicles is provided within the driveway.
Ideal for low maintenance inner city living, a lock up and leave town base, or the perfect investment opportunity with proven long term rental history.
Providing rare charm and enduring appeal, where history meets modern ease, this impressive property, occupying a sought-after city location, will appeal to those seeking style, comfort, and convenience in Launceston.
Listing description written by George Bushby, Bushby Creese — reproduced as published, not verified by Districts.