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 › St John Cres
$530,000
Last sold
23 May 2025
2
Bedrooms
1
Bathrooms
1
Car spaces
137 m²
Land
90 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
$530,000
23 May 2025 · derived via latest_sale
Local land rate: recorded Townhouse sales in Launceston (last 5 years) with land size have a median of $3,424/m² of land (n=7). Districts calculation from recorded sales — not a valuation.
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.
Vs Launceston
-23.7%
Median sale
Suburb $695,000
+1.33 pp
Gross yield
Suburb 4.27%
Suburb median $695,000 from 27 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 $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 Sims for PropertyOpportunities like this are rare! Set in a highly sought-after complex, this low-maintenance two-bedroom townhouse offers the perfect blend of style, comfort, and convenience.
Step inside to a bright and airy open-plan living, dining, and kitchen area, designed for effortless living which are kept comfortable year-round with a heat pump. The bathroom boasts dual access from both the main bedroom and living area, complete with a walk-in shower and a separate toilet and laundry space.
Enjoy the best of indoor-outdoor living with a private, low-maintenance backyard-ideal for entertaining-as well as a small balcony off the dining/living area, where you can soak in the stunning views of the city and the Gorge.
7 St John Crescent, Launceston, is situated in a prime and convenient location, offering easy access to the city's best amenities. Just a short drive or walk from the Launceston CBD, this sought-after area provides proximity to cafes, restaurants, shops, and entertainment options. The property is also well-positioned near essential services, schools, and medical facilities, including Launceston General Hospital, which is just minutes away.
The neighborhood offers a blend of peaceful residential living with the convenience of city access, making it an ideal choice for professionals, downsizers, and investors alike. With stunning city views, nearby parks, and walking trails, residents can enjoy both urban convenience and natural beauty. The location also benefits from excellent public transport links, ensuring seamless connectivity throughout Launceston.
Features & Benefits:
• Ready to move in;
• Sunny lounge area with balcony;
• Dual access bathroom with walk-in shower;
• Separate toilet for added convenience;
• Secure and private paved entertaining area;
• Small balcony with west-facing views.
Property Highlights:
• Low-maintenance;
• Designated carport and visitor parking;
• Prime location just minutes from the CBD, cafes & amenities;
• Only a 9-minute walk to Launceston General Hospital.
House Size: 90sqm
Land Size: 137sqm
Council Rates: $1,548pa approx
Water Rates: $640pa approx
Body Corporate fees: $1,543pa approx
Municipality: Launceston City Council
School Catchments: East Launceston Primary & Queechy High School
Sims for Property 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.
Listing description written by Georgie Roberts, Sims for Property — reproduced as published, not verified by Districts.