OFF MARKET

11 Bennett Street
South Launceston TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 95m2
Land area: 941m2
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Property Details for 11 Bennett St, South Launceston

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.

Building Type
House
Year Built
1950
Floor Size
95m2
Land Size
941m2
Local Government
Launceston
Lot/Plan
13/19930

Last Listing description (November 2020)

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

Property History for 11 Bennett St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$455,000
21 May 2021
Listed for Rent
$255/w
24 Aug 2017
  • 21 May 2021
    Sold for $455,000
  • 29 Apr 2019
    Sold for $255,000
  • 18 Apr 2019
    Listed for Sale Best offer over $265,000
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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 2,412 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:

  • 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 12 properties listed for sale, and 6 properties listed for rent in South launceston on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in South launceston.

Suburb Insights for South Launceston 7249

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.