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 › Welman St
For sale
For sale
5
Bedrooms
3
Bathrooms
4
Car spaces
647 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
Asking
No recorded sale price for this property yet.
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.
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 CreeseNestled within the heart of Launceston, this magnificent property effortlessly blends historic charm with contemporary sophistication. An original Georgian cottage welcomes through manicured hedges and mature trees framing a striking red front door, creating an impressive street presence and setting the scene for the elegance that unfolds within.
A stunning architecturally designed modern addition is seamlessly connected to the original cottage, where strategically angled windows maximise natural light and panoramic views, enhancing the feeling of space and elegance. Rich timber floors extend the designer concept, complemented by clerestory windows and extensive glazing that bathe the interiors in natural light and warmth.
Set over two expansive levels, the home preserves original period features while incorporating modern upgrades. The upper level features an open-plan kitchen, lounge, and dining area that extends to a sun-drenched timber deck, ideal for entertaining or relaxing while taking in the breathtaking views. The well-appointed kitchen caters to every occasion in style, equipped with premium European appliances, a walk-in pantry, and feature lighting that highlights the stunning stone countertops.
The lower level offers an additional living room that flows onto another deck, complete with a semi-sunken outdoor jacuzzi for ultimate relaxation. Glass balustrades on the balconies ensure uninterrupted vistas, reinforcing the seamless indoor-to-outdoor connection.
Extensive accommodation comprises of five bedrooms, two of which feature ensuite bathrooms, the master also features breathtaking views and direct access to the upper level deck.
A sophisticated bathroom on the ground level, with a shower, vanity, and toilet, and a well-appointed laundry with direct outdoor access add to the home's functionality and comfort.
A secure two-car garage with internal access and additional off-street parking for numerous vehicles enhance the convenience of this residence.
The grounds are impeccably landscaped with mature trees, lush green lawns, and a tranquil water feature that cascades through the terraced levels. Take in the peaceful surrounds with well-placed bench seating creating a private and secluded retreat.
Boasting a prestigious Welman Street address offering close proximity to all amenities including St George's Square, the Launceston Aquatic Centre, leading public and private schools, multiple parklands, and the Launceston CBD.
Listing description written by George Bushby, Bushby Creese — reproduced as published, not verified by Districts.