South Launceston at a glance
4,840
People
$665,000
Median sale
$549/wk
Median rent
4.29%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
TAS › South Launceston › Wellington St
$790,000
Last sold
20 Aug 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
1,010 m²
Land
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
$790,000
20 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in South Launceston (last 5 years) with land size have a median of $927/m² of land (n=107). Districts calculation from recorded sales — not a valuation.
South Launceston at a glance
4,840
People
$665,000
Median sale
$549/wk
Median rent
4.29%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs South Launceston
+18.8%
Median sale
Suburb $665,000
-0.68 pp
Gross yield
Suburb 4.29%
Suburb median $665,000 from 47 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 $549/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
South Launceston at a glance
4,840
People
$665,000
Median sale
$549/wk
Median rent
4.29%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harrison Agents LauncestonTucked away on a private internal drive, this character-filled home enjoys a spectacular city outlook while being perfectly positioned. Its original facade, highlighted by a charming, curved bay window, sets the tone for the character within. A skylit hallway welcomes you inside, leading to a spacious living area with built-in display storage and sliding doors opening to the deck.
The adjoining dining/sitting area features a wood fire and space for both dining and relaxation. Comfort is ensured with ducted natural gas heating and gas hot water. Overlooking the living space, the kitchen includes quality appliances, gas cooktop, ample storage, and a breakfast bar. A boot room provides backyard access and connects to the well-sized laundry.
Each of the three large bedrooms includes built-in robes, with one featuring display shelving. The master suite, positioned at the front, exudes elegance with its curved bay window and generous proportions. It also boasts a renovated ensuite with a shower, toilet, and vanity, plus access to a beautiful sunroom which gives you access via the sliding doors to the rear deck. The recently updated and centrally located main bathroom offers a bath, shower, toilet, and vanity.
Below, extensive subfloor storage provide flexibility for a workshop, tool shed, or extra storage. Established gardens frame the home beautifully, complementing the elevated deck-an ideal spot to take in the city views. An entertaining area offers a secluded outdoor retreat, while a fully fenced yard ensures a secure space for children or pets. With its private setting, stunning outlook, and superb location close to everything you need, this home offers the best of both worlds.
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 Luke French, Harrison Agents Launceston — reproduced as published, not verified by Districts.
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