West Launceston at a glance
4,336
People
$705,000
Median sale
$527/wk
Median rent
3.89%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
TAS › West Launceston › Connaught Cres
$630,000
Last sold
7 Aug 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
571 m²
Land
119 m²
Building
Districts View
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
$630,000
7 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in West Launceston (last 5 years) with land size have a median of $861/m² of land (n=106). Districts calculation from recorded sales — not a valuation.
West Launceston at a glance
4,336
People
$705,000
Median sale
$527/wk
Median rent
3.89%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs West Launceston
-10.6%
Median sale
Suburb $705,000
+0.46 pp
Gross yield
Suburb 3.89%
Suburb median $705,000 from 41 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 $527/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
West Launceston at a glance
4,336
People
$705,000
Median sale
$527/wk
Median rent
3.89%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Roberts Real Estate LauncestonPositioned in one of West Launceston's most established and sought-after streets, this charming 1939 built residence presents an exciting opportunity to secure a character-filled home with generous proportions, timeless appeal and exceptional potential.
Beyond the inviting façade and traditional verandah, you're welcomed by a wide entrance hallway, polished timber floors and beautiful period details that reflect the home's enduring charm. Offering three generously sized bedrooms, a spacious lounge and an expansive kitchen and dining area, the home provides a versatile layout with plenty of room for families, professionals or those looking to create their dream home.
The rear bedroom opens directly onto the deck, creating a seamless connection to the outdoors and an inviting space to relax or entertain. Outside, the established gardens create a peaceful setting, complemented by a beautiful cherry blossom tree that welcomes you at the front of the home, while a mature apricot tree at the rear offers the simple pleasure of harvesting your own fruit in season.
Adding to the home's versatility is a separate room positioned at the rear, offering the ideal space for a home office, studio or hobby room.
While the bathroom and laundry are ready for a modern refresh, they present an exciting opportunity to add value and create a home that reflects your own style. With its generous room sizes, solid bones and beautiful character features, this is a property ready for its next chapter, offering the chance to restore, enhance and truly make it your own.
Set amongst established gardens and just moments from the Launceston CBD, Cataract Gorge, quality schools, local cafés and everyday conveniences, this home offers an enviable lifestyle in one of Launceston's most desirable suburbs.
Homes of this character, scale and opportunity are becoming increasingly rare in West Launceston. With the charm of a bygone era, generous proportions and the opportunity to add your own vision, 50 Connaught Crescent is ready to welcome its next chapter.
Built: 1939
Land Size: Approximately 571m²
Rental Appraisal: Approximately $560 per week
Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements and boundary lines are approximate.
Listing description written by Maddi Clark, Roberts Real Estate Launceston — reproduced as published, not verified by Districts.
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