OFF MARKET

17 Peel Street
South Launceston TAS 7249

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Floor area: 162m2
Land area: 728m2
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Property Details for 17 Peel St, South Launceston

17 Peel St, South Launceston is a 5 bedroom, 2 bathroom House and was built in 1937. The property has a land size of 728m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1937
Floor Size
162m2
Land Size
728m2
Local Government
Launceston
Lot/Plan
1/163641

Last Listing description (July 2021)

Quintessentially Launceston with its heritage red brick exterior and hand-forged leadlight windows and doors, 17 Peel Street is from a time when the very best of houses were afforded the most coveted blocks of land. Lofted high above its neighbours, but in close proximity to many great schools, services and Launceston's General Hospital, this property enjoys expansive views of the surrounding hillsides and the city below. With a floor plan containing five bedrooms but the flexibility to convert one or more to a study/office use, this home offers its new occupants a variety of options to best mould it to suit your current and future needs. The ground floor kitchen and bathroom spaces have enjoyed recent renovations to bring a further contemporary amenity to this late 1930s home and to create a gentle connection with the living spaces and the views beyond. The expansive but lower maintenance front garden engages directly with the character porch and its arched colonnade.

Property History for 17 Peel St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$625,000
08 Jun 2021
Listed for Rent
10 Jun 2021
  • 08 Jun 2021
    Sold for $625,000
  • 31 May 2021
    Listed for Sale Offers over $590,000
  • 01 Apr 2021
    Listed for Rent $580 / week
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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 13 properties listed for sale, and 6 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.