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 › Erina St
$780,000
Last sold
10 Feb 2023
3
Bedrooms
2
Bathrooms
1
Car spaces
250 m²
Land
150 m²
Building
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
$780,000
10 Feb 2023 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
-11.4%
Median sale
Suburb $880,000
+0.44 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 PropertyWhat a pleasure it is to be bringing this beautiful fully renovated property to the market. Located in the absolute heart of East Launceston, on a quiet street off Abbott Street and directly behind the Pumphouse complex, you are spoilt with fantastic coffee and food literally on your doorstep! Walk right in with nothing to do,
The character and charm of this home are evident the moment you arrive and this flows through the entire property and into the stunning gardens at the rear.
This property is split over two levels with the top-level being the main residence and including two great-sized bedrooms, open plan living, and kitchen space, with an updated bathroom.
The main living area of the home has a beautiful feel and incredible style with the choice of fixtures, paint colours, and amount of light that this zone absorbs. The kitchen is located with a northerly outlook over the rear yard and gardens. There is a 900mm freestanding stove for all the budding chefs among us and great bench space to prepare those meals for entertaining friends and family.
The bedrooms are located off the main hallway with the bathroom conveniently at the end of the hall.
This property has beautiful original 1900's polished flooring throughout with carpeted bedrooms for extra warmth. The property has both reverse cycle air conditioning and a built-in wood heater for that toasty ambience during the winter months.
Heading down to the lower level you feel like you're walking into something out of a fairy tale. The gorgeous rear garden is the perfect peaceful haven.
You will find the studio on the lower level which includes a single bedroom with a sunroom off the front, kitchenette, lounge, and modern bathroom. The current owners have leased this space both via Airbnb and longer term tenancies in the past with great success leaving options for the new purchasers to have dual tenancy/Airbnb options, especially in this sought after area.
- 3 bedroom, 2 bathroom total;
- Off-Street parking;
- Polished flooring & other period inclusions;
- Modern bathrooms;
- Gorgeous kitchen with beautiful outlook;
- Pumphouse complex on your doorstep;
- Alps and Amici food store a minutes walk away
Year Built: 1900
House Size: 150m2
Land Size: 250m2
Council Rates: $1,514.74 pa
Water Rates: $1,000 pa
Municipality: Launceston City
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.
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