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 › Galvin St
$850,000
Last sold
16 Dec 2025
4
Bedrooms
2
Bathrooms
3
Car spaces
722 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
$850,000
16 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in South Launceston (last 5 years) with land size have a median of $926/m² of land (n=107). 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.
Vs South Launceston
+28.3%
Median sale
Suburb $662,500
-0.95 pp
Gross yield
Suburb 4.31%
Suburb median $662,500 from 48 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
$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 Bushby CreesePerfectly positioned in one of South Launceston's most sought-after streets, this expansive family home offers a superb blend of history and contemporary living from a convenient, yet peaceful setting.
Originally built in 1890, with architecture features and style from the end of the Late Victorian and emerging Federation eras, the residence has been updated throughout, preserving its original charm while embracing family living.
Upon entry, the home's period integrity and craftsmanship are immediately apparent. Polished timber floors, high ceilings, and original fireplaces evoke timeless elegance, while careful updates have enhanced its warmth and liveability.
The interior is bathed in natural light and features a combination of formal and casual living spaces. One contains a classic fireplace, while another opens seamlessly to the sunny courtyard.
A dedicated dining room adjoins the spacious kitchen, which blends functionality with refined design, featuring premium appliances, ample storage, and generous granite countertops.
The outdoor areas are equally captivating, offering multiple private spaces to enjoy the lush garden surrounds. A charming courtyard creates a tranquil retreat to entertain, while a gazebo nestled within the greenery invites leisurely afternoons in the sun.
Accommodation comprises of four generous bedrooms, each with built-in wardrobes. One bedroom enjoys direct access to a private courtyard, while the master offers a peaceful haven with its own ensuite.
A separate studio provides additional flexibility, ideal as a creative space or home office. A study with built-in shelving also enjoys direct access to the courtyard, perfect for those who work or study from home.
The main bathroom features a shower and bath along with vanity, and toilet. A well-equipped laundry sits adjacent, with abundant storage and space for necessary appliances.
Low-maintenance lawns, established trees, and manicured gardens frame the property in natural beauty. Additional features include a workshop and dedicated storage area, ensuring every practical need is met, and three off-street parking spaces add to the convenience.
Designed for comfort and efficiency, the home is insulated, features double glazing, and is equipped with ducted gas heating as well as reverse-cycle air.
The impressive home enjoys exceptional proximity to Launceston's best amenities, all within just a short walk to the wonderful cafes, eateries, shops, Coronation Park and services, and is close to East Launceston Primary School, Glen Dhu Primary School, and The Launceston General Hospital.
Providing spacious family comfort amid beautiful gardens and outdoor spaces, this exceptional home is perfect for those seeking a refined city lifestyle with heritage appeal from a highly desirable South Launceston location.
Listing description written by George Bushby, Bushby Creese — reproduced as published, not verified by Districts.