OFF MARKET

2/16 Bennett Street
South Launceston TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 65m2
Land area: 142m2
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Property Details for 2/16 Bennett St, South Launceston

2/16 Bennett St, South Launceston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1992. The property has a land size of 142m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1992
Floor Size
65m2
Land Size
142m2
Local Government
Launceston
Lot/Plan
2/101583

Last Listing description (November 2021)

A great little investment or first home buyer opportunity in South Launceston with this two-bedroom stand-alone unit which is currently tenanted. Positioned only 6 minutes from Launceston CBD you will be in a very central position and be an attractive proposition, whether you are looking to live in or, in the case of an investor, ideal for the tenant. It's an open-plan design of kitchen, dining, and lounge. There is a good size area at the rear of the unit which is a bonus with low-maintenance gardens. You will have a carport and a car space for the second vehicle. You can slip down to the Meadow Mews shopping complex at Kings Meadows for shopping or equally, drive down the hill to Launceston for all your needs.

Land Size: 143m2 approx.
Building Size: 65m2 approx.

Year Built: 1992
Local Council: Launceston

We have in preparing this document used our best endeavors to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations

Property History for 2/16 Bennett St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$350,000
23 Sep 2021
Listed for Rent
$275/w
06 Apr 2018
  • 23 Sep 2021
    Sold for $350,000
  • 10 Sep 2021
    Listed for Sale Offers Over $279,000
  • 28 Feb 2018
    Listed for Rent $275 / 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 2,419 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 16 properties listed for sale, and 9 properties listed for rent in South launceston on OnTheHouse. According to CoreLogic's data, 97 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.