FOR SALE
Best Offer Over $495,000

12 Collins Street
South Launceston TAS 7249

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 135m2
Land area: 685m2
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Prime South Launceston Investment/Development Opportunity

Nestled on a spacious 685 sqm block between Lesley and Collins Streets in the highly sought-after South Launceston, this property presents a rare development opportunity (STCA). The convenient dual access from Lesley Street enhances its potential for adding another dwelling. Built circa 1900, the home spans 135 sqm and retains its period charm with high ceilings and generously sized bedrooms, while seamlessly incorporating modern comforts, including a master bedroom with an ensuite.
Features:
• An imitation weatherboard home - easy to maintain
• Open plan kitchen with dishwasher and city views & an adjacent dining area
• Living room with cosy wood heating option • Four double bedrooms (3 with built in wardrobes) or 3 and a rumpus
• Main bedroom with updated ensuite and built in wardrobes
• Main bathroom with full bath, vanity and toilet
• Reverse cycle air conditioning
• Heritage features of high ceilings
• Mudroom at entry - convenient for storing shoes and coats
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Property Details for 12 Collins St, South Launceston

12 Collins St, South Launceston is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 685m2 and floor size of 135m2. The place is currently for sale with Harcourts Launceston.

Building Type
House
Floor Size
135m2
Land Size
685m2

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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 2,415 properties. Over the last 5 years, Houses in South Launceston have seen a 56.01% increase in median value, while Units have seen a 43.01% increase. As at 31 October 2024:

  • The median value for Houses in South Launceston is $530,619 while the median value for Units is $378,810.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 14 properties listed for sale, and 6 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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Suburb Insights for South Launceston 7249

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Jeremy Wilkinson
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Harcourts Launceston
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