2 Effingham StreetSouth Launceston TAS 7249
Property Details for 2 Effingham St, South Launceston
2 Effingham St, South Launceston is a 3 bedroom, 3 bathroom House with 1 parking spaces and was built in 1938. The property has a land size of 1237m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in South Launceston in the last 12 months.
Last Listing description (September 2023)
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Centrally located and only a short drive to the CBD or Kings Meadows shopping precinct, or walking distance to Launceston General Hospital. This property's elevated, northerly aspect ensures loads of sunshine and also provides sweeping views across the Tamar Valley from the front two units. The house sits on a generous land parcel with a private and secure back yard. Off street parking is available for more than four vehicles, with an additional single, lock up garage.
All three units have been recently renovated throughout, with new paint, carpet and fixtures. The strong rental history speaks to the popularity of one bedroom units. The property is fully tenanted with excellent, long term tenants and is returning over $800pw,
Sure to impress, call to arrange a private inspection.
Land size:680 sq m approx.
Building size 205 m sq approx
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Property History for 2 Effingham St, South Launceston, TAS 7249
- 16 Feb 2024Sold for $580,005
- 23 Jun 2022Listed for Sale Offers over $649,000
- 13 Jan 2021Sold for $340,000
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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 2,414 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.
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