SOLD
Sold on 05 Sep 2024 for $650,000

124 Talbot Road
South Launceston TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 557m2
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Property Details for 124 Talbot Rd, South Launceston

Building Type
Commercial
Year Built
1938
Floor Size
114m2
Land Size
557m2
Local Government
Launceston
Lot/Plan
1/22582

Last Listing description (December 2018)

This is Cheap!, Cheap!, Cheap! Property is just so handy to everything!
The shops in Six Ways, Meadow Mews Shopping Centre, Kings Meadows and only a 5 minute drive into town!
It's just so handy!

Just ask the tenant, She's been living there for 7 years!
So, If you are after a great little investment with a Super Tenant in place, or just a great place to call home, this super neat and tidy 2 bedroom property could be just the ticket!
(maybe the golden ticket!).
Single carport, workshop / storage area
plus off street parking for another 4 vehicles.
Call to arrange your inspection.

Property History for 124 Talbot Rd, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$650,000
05 Sep 2024
Listed for Rent
$250/w
08 Sep 2011
  • 05 Sep 2024
    Sold for $650,000
  • 24 May 2018
    Sold for $257,500
  • 10 May 2018
    Listed for Sale Offers Over $249,000
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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 2,427 properties. Over the last 5 years, Houses in South Launceston have seen a 60.16% increase in median value, while Units have seen a 48.54% increase. As at 30 November 2024:

  • The median value for Houses in South Launceston is $533,722 while the median value for Units is $388,106.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 13 properties listed for sale, and 4 properties listed for rent in South launceston on OnTheHouse. According to CoreLogic's data, 94 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.