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 › Adelaide St
5
Bedrooms
3
Bathrooms
5
Car spaces
1,066 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in East Launceston (last 5 years) with land size have a median of $1,436/m² of land (n=55). 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.
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 Bushby CreeseNestled among the upper echelon of Launceston property on the prestigious Adelaide Street, this grand family residence embodies the ornate essence of the Georgian era, offering perfectly preserved interior spaces combined with a contemporary transformation complimented by panoramic city views.
The commanding façade stands proudly set beyond established, high-walled gardens. Occupying an exclusive corner position located in immediate proximity to all amenities, including the Launceston CBD.
Built in C1850 by James Bennell, the opulence and grandeur are immediately on display featuring immaculately preserved period elements including intricate timber elements, polished flooring, and soaring ceilings.
The open-plan kitchen, living, and dining boast serene views and extend effortlessly to a sun-drenched side deck and a garden patio, ideal for entertaining within an intimate setting. A gourmet kitchen, reimagined for modern family life, is fully equipped with premium appliances, ample storage, and generous stone countertops, including an island bench with extra seating options.
Accommodation is extensive, with up to five generous bedrooms thoughtfully positioned across the home. The master suite, located on the main floor, features a walk-in wardrobe and renovated ensuite with a freestanding bath. The two first-floor bedrooms each enjoy elevated views and private walk-in dressing rooms. The residence is well-serviced with well-appointed bathrooms on all levels.
For entertainment and leisure, the lower ground floor presents a superb multipurpose space, complete with a built-in bar area and a dedicated billiard room. A captivating loft tower crowns the residence, offering breathtaking 360-degree panoramic views across Launceston.
Encased in a lush, private oasis, the grounds are beautifully landscaped, with a tranquil courtyard framed by verdant greenery, including mature trees and manicured hedging, along with impeccably maintained lawn areas.
Fully fenced and gated grounds enhance security and exclusivity. A single and a double garage provide additional convenience and housing for numerous vehicles, and additional off-street parking is available within the rear driveway, a rarity to find in this area.
Occupying a coveted position within a highly desirable East Launceston enclave, this is a rare opportunity to own a piece of Launceston's history. Landmark homes of this calibre, this close to the CBD are a rarity and seldom come to market.
Listing description written by George Bushby, Bushby Creese — reproduced as published, not verified by Districts.
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