South Launceston at a glance
4,840
People
$662,500
Median sale
$549/wk
Median rent
4.31%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
TAS › South Launceston › Crop St
5
Bedrooms
3
Bathrooms
8
Car spaces
474 m²
Land
329 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in South Launceston (last 5 years) with land size have a median of $927/m² of land (n=108). Districts calculation from recorded sales — not a valuation.
South Launceston at a glance
4,840
People
$662,500
Median sale
$549/wk
Median rent
4.31%
Suburb gross yield
Median sale from 48 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 $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
$662,500
Median sale
$549/wk
Median rent
4.31%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts LauncestonPerched atop Launceston is number 4 Crop Street, this townhouse is a rare find. In a spot you didn't know existed, it offers a quiet, private, yet highly sought-after locale, boasting the quintessential features of an executive-style home.
Evident from its commanding street presence, the property exudes a distinctive modern look with sharp lines and grandeur that sets it apart from any in this price range. Substantially updated and renovated in 2019/2020, the townhouse presents in a more contemporary way than the build date suggests.
Upon entering, the grand foyer and feature Tasmanian Oak staircase warmly welcome you. The ground level encompasses an expansive four-car garage (potentially accommodating six with skilled parking), featuring very high ceilings and remote entry door - perfect for storing a boat or caravan. Complete with an oversized multi-purpose room marked as "Media Room" on the plan. Home cinema, library, office, rumpus, with a powder room - the versatile level lends itself to any customized purpose. Behind the electric gate, there's also hard stand parking for additional vehicles.
Ascending to the first level, discover a spacious open-plan kitchen and living area, a dining space, two bedrooms, and the chic main bathroom. One of the bedrooms could be another living space or children's playroom, at 4m x 4m it's yet another large, adaptable space. The living area leads to the first of two alfresco entertaining decks. North facing, fully enclosable, and ideal for breakfast or summer dining, marked "sunroom-office" on the plan. The kitchen is a standout design of function and form, incorporating a butler's pantry, quality appliances, and an extended bench for breakfast or informal meals. The two ovens, two dishwashers and two fridges is sure to service your needs.
The top floor hosts a spacious family room with a further two beds, a well-appointed bathroom, and the master suite. A generous, once again enclosed upper deck enhances the entertainment options, complementing the Master Suite with a walk-in robe, sizable ensuite, and a private balcony.
Enjoying panoramic views of the city and the Tamar River, the townhouse captivates with the mesmerizing spectacle of city lights and sunsets. Constructed across three levels with solid concrete, fully insulated walls, some double-glazed windows, LED lighting, and a large solar array - the residence offers exceptional energy efficiency.
Well-appointed features include dual zone ducted air-conditioning and a heat transfer system, a ducted vacuum system, a secure (automated) gate and intercom system, NBN connectivity, cat 6 cabling throughout, and a security system for peace of mind. The two "hidden" euro laundries for convenient washing routines are a game-changer.
Have we mentioned the grounds? Immaculate, of course and compact. Outside, the landscaped gardens require minimal - if any maintenance with an irrigation system and quality landscaping, providing an ideal setting to relax and soak in the views from one of the numerous alfresco decks. Roll back the kitchen/dining doors and flow out to the main alfresco. Once again, the proportions are oversized with the addition of a fully incorporated, easy-care swim spa pool.
Conveniently situated not only within striking distance of the Launceston CBD, Launceston General Hospital, but also near both Newstead, East Launceston and Kings Meadows shopping, schools, and business hubs. This townhouse offers a perfect blend of luxury and accessibility.
Rental Estimate: Up To $750 p/w
House size: 329m2
Land size: 474m2
Built: 2003 - Renovated 2019/ 2020
Rates: $3100 approx. p/a
Council Zoning: Residential
Council: City of Launceston
Heritage listed: No
**Harcourts Launceston 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. All measurements are approximate.**
Listing description written by David Hernyk, Harcourts Launceston — reproduced as published, not verified by Districts.
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