OFF MARKET

126 Talbot Road
South Launceston TAS 7249

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Floor area: 224m2
Land area: 885m2
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Property Details for 126 Talbot Rd, South Launceston

126 Talbot Rd, South Launceston is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 1925. The property has a land size of 885m2 and floor size of 224m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
House
Year Built
1925
Floor Size
224m2
Land Size
885m2
Local Government
Launceston
Lot/Plan
1/26082

Last Listing description (February 2016)

LOCATED WITHIN CLOSE DISTANCE TO THE LAUNCESTON CBD IS THIS 1925 WEATHERBOARD HOUSE CURRENTLY DIVIDED UP INTO THREE SEPARATE DWELLINGS GIVING AN EXCELLENT RENTAL RETURN OF $485 PER WEEK - THAT'S FAR BETTER THAN THE BANK AT A 7% PLUS RETURN ON YOUR MONEY.EACH OF THE FLATS ARE A SINGLE BEDROOM DWELLING, WITH THEIR OWN BATHROOM, TOILET AND KITCHEN AND WITH THEIR OWN UNDERCOVER CARPARK.OPTION B WOULD BE TO MOVE INTO THE PLACE YOURSELF AND RETURN THE DWELLING TO ITS ORIGINAL GLORY. WITH PLENTY OF SPACE TO DESIGN A LAYOUT THAT IS RIGHT FOR YOU AND TAKE ADVANTAGE OF THE ORIGINAL FEATURES, POSSIBLE FOUR BEDROOMS, THE LARGE FRONT VERANDAH, AND THE GOOD SIZED YARD, YOU MAY END UP WITH A TERRIFIC PLACE THAT YOU CAN CALL YOUR HOME. THERE TRULY ARE LOADS OF POSSIBILITIES FOR THIS PROPERTY FOR THE SAVVY INVESTOR OR RENOVATOR, SO BOOK YOUR INSPECTION WITH JOEY MALONEY OR DUNCAN MORRISON.FEATURES INCLUDE: CLOSE TO SCHOOLS, CLOSE TO SHOPS, CLOSE TO TRANSPORT

Property History for 126 Talbot Rd, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$310,000
09 Nov 2015
Listed for Rent
$165/w
29 Jan 2011
  • 09 Nov 2015
    Sold for $310,000
  • 08 May 2015
    Listed for Sale Not Disclosed
  • 13 Jan 2011
    Listed for Rent - Price not available
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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 2,413 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 13 properties listed for sale, and 6 properties listed for rent in South launceston on OnTheHouse. According to CoreLogic's data, 95 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.