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 › Lawrence Vale Rd
$880,000
Last sold
17 June 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
956 m²
Land
230 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
$880,000
17 June 2024 · derived via latest_sale
Local land rate: recorded House sales in South Launceston (last 5 years) with land size have a median of $927/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
+32.8%
Median sale
Suburb $662,500
-1.07 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 Harcourts LauncestonExperience the perfect blend of historic charm and modern luxury in this beautifully renovated 1935 home in South Launceston. With lovely period features including high ceilings, a leadlight window and picture rails, paired with contemporary functionality like a fully renovated open plan kitchen and stylish bathrooms, this home offers the best of both worlds.
Enjoy breathtaking views of the city from the north-facing extension, alfresco area, multiple outdoor nooks and in fact most of the home. With four bedrooms, a study and ample living space, along with convenient features like ducted heating, a double garage, separate office/studio and established gardens, this home is a true gem.
Located just minutes from the CBD, hospitals, schools and supermarkets, it's the perfect blend of elegance and convenience.
Key Features:
• Fully renovated with the most amazing views of Launceston
• All new extension featuring north facing, full floor to ceiling glazing with all day sun & city vistas
• Fantastic alfresco area off the living spaces with views over the city to the Tamar River
• Choice of living spaces include a large family room and a second living upstairs
• Open plan quality kitchen, with fabulous views, dishwasher & 5 burner gas cooktop
• Main bedroom offers a stylish ensuite and walk-in in wardrobe
• Four double bedrooms in total- all with built in storage
• Study/office
• Main bathroom offers a luxuriously deep bath, separate shower & floating vanity
• Convenience of a powder room (toilet & basin) located off the main living area
• Ducted natural gas heating (zoned)and hot water
• Beautiful, polished timber floors and quality carpets
• Freshly painted and renovated with quality fittings & fixtures
• Separate Office provides options for home gym, workshop, studio etc
• Multiple outdoor nooks to enjoy the views
• Established gardens including a selection of fruit trees & chicken coop & run
• Study/office
• Reticulated watering system (2 tanks)
• Double remote-controlled garage with internal access and off-street parking
• Private and secure yard - perfect for kids & pets
• Close to Launceston General Hospital (2 min drive or 1.1 km walk)
• Close to supermarkets, schools & all city conveniences
• Just a 4-minute drive to Launceston's CBD
Contact Jeremy Wilkinson or Nav Kaur for your inspection.
Rental estimate: Up to $750 pw
House size: 194 sqm
Garage size: 36 sqm
Office/workshop: 32 sqm
Land size: 956 sqm
Built: 1935
Council rates: $1,970 pa
Council: Launceston
Council Zoning: General Residential
**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 Jeremy Wilkinson, Harcourts Launceston — reproduced as published, not verified by Districts.