11 Bennett St, South Launceston is a 2 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 941m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
What a fantastic opportunity awaits right here to get into the market! Properties in this price bracket don't last long, so be quick for this one. This home is set on a super sized block of approximately 940m2 and is complimented with a large shed for storage or could potentially be used as a workshop. In need of some refreshing, this home could benefit from a bit of buff and shine outside to make it sparkle. Offering ducting reverse cycle heating throughout ensuring you will indeed be comfortable no matter what the season and two bedrooms with a separate lounge and separate kitchen/dining. The laundry is situated just off the bathroom. Location is convenient to Kings Meadows shopping precinct and all that it has to offer and of course close to schools and public transport. Currently tenanted through until 01/09/19 and showing a gross return on investment of around 5.5% with potential to increase.
*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
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 2,412 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:
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