FOR SALE
$380,000

1/8 Rose Lane
South Launceston TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 98m2
Land area: 403m2
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Ready, Set, Invest

Located in popular South Launceston and close to the CBD is this solidly built home that is sure to suit a wide range of buyers.
The home has two large bedrooms that both have handy built in storage. The large lounge receives great natural light and has the convenience of the reverse cycle air conditioner for year-round comfort. The lounge leads to the functionable kitchen and dining area that looks out over the backyard.
The updated bathroom is neat and tidy and there is also a separate laundry at the rear of the home.
Outside is a flat and fenced rear yard so the home will be suitable for young families and pet owners. There is also a lock up garage with internal access to the home.
This home represents a great starting point for first home buyers or an ideal investment property for people looking to add to their portfolio. For further inquires, please call Duncan Morrison at Ray White Launceston.
*Ray White Launceston has no reason to doubt the accuracy of this information which has been obtained from sources considered to be reliable; however, we cannot guarantee it. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property Details for 1/8 Rose Lane, South Launceston

1/8 Rose Lane, South Launceston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 403m2 and floor size of 98m2. The place is currently for sale with Ray White Launceston.

Building Type
Unit
Floor Size
98m2
Land Size
403m2

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About South Launceston 7249

The size of South Launceston is approximately 2.8 square kilometres. It has 8 parks covering nearly 5.4% of total area. The population of South Launceston in 2011 was 4,447 people. By 2016 the population was 4,589 showing a population growth of 3.2% in the area during that time. The predominant age group in South Launceston is 20-29 years. Households in South Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Launceston work in a professional occupation. In 2011, 54.1% of the homes in South Launceston were owner-occupied compared with 52.6% in 2016.

South Launceston has 2,420 properties. Over the last 5 years, Houses in South Launceston have seen a 59.12% increase in median value, while Units have seen a 43.78% increase. As at 30 September 2024:

  • The median value for Houses in South Launceston is $530,336 while the median value for Units is $359,446.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 16 properties listed for sale, and 9 properties listed for rent in South launceston on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in South launceston.

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