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 › Talbot Rd
$650,000
For sale
Asking
3
Bedrooms
1
Bathrooms
4
Car spaces
850 m²
Land
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
Asking
$650,000
Asking · $765/m² of land
No recorded sale for this property.
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
-1.9%
Median sale
Suburb $662,500
+0.08 pp
Gross yield
Suburb 4.31%
Suburb median $662,500 from 48 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$28,580 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with South Launceston's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 4.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Flanagan ResidentialOpportunities like this don't come along often. Set on a generous 850m² (approx.) allotment in a convenient South Launceston location, this charming 1920s weatherboard home presents an exciting opportunity for builders, renovators, developers and savvy investors looking to unlock its enormous potential.
Full of character and charm, the home offers three bedrooms, a welcoming open plan living area and many original features that provide the perfect foundation for an inspired renovation. The current owners had planned to complete the transformation themselves; however, their focus has now shifted to building their new home, creating an exciting opportunity for the next owner to add their own vision and reap the rewards.
Blending the charm of a 1920’s character home with the practicality of a substantial 54m² double garage and workshop built in 2021, this is a property that offers immediate functionality alongside outstanding future potential. Whether you're a tradesperson needing quality workspace, a hobbyist wanting room to create or simply seeking exceptional storage, this impressive addition represents a significant investment and adds lasting value to the property.
The land itself is equally exciting. Preliminary discussions with the Launceston City Council indicate there is potential - subject to the necessary approvals - to construct a second dwelling while retaining the existing home. Alternatively, those looking to maximise the site's potential may wish to explore redevelopment opportunities, with scope to create two new dwellings (STCA).
Conveniently positioned close to Kings Meadows Shopping Precinct, the Launceston General Hospital, quality schools and only a short drive from the Launceston CBD, this is a property where vision and effort have the potential to deliver outstanding rewards. Whether your goal is to restore a beautiful character home, create a quality investment or explore future development opportunities, 92 Talbot Road offers an exceptional opportunity to add significant value in a sought after location.
A Pre-sale building inspection report has already been completed for buyer convenience and the vendors may require a short ‘rent back’ period after settlement.
Contact Rae today to find out more.
Launceston City Council rates $1,421.85
Taswater rates $1668.00
Rental Appraisal $600 - $650 per week with improvements (Property Wise Launceston)
Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided.
Property Code: 649
Listing description written by Rae Smith, Flanagan Residential — reproduced as published, not verified by Districts.