OFF MARKET

22 Pedder Street
South Launceston TAS 7249

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 186m2
Land area: 724m2
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Last updated 16 Sep 2024
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Property Details for 22 Pedder St, South Launceston

22 Pedder St, South Launceston is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1939. The property has a land size of 724m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1939
Floor Size
186m2
Land Size
724m2
Local Government
Launceston
Lot/Plan
1/206349

Last Listing description (December 2023)

Introducing 22 Pedder Street, a charming 1930's weatherboard home that has potential plus for investors. Currently tenanted, this property boasts a large home with generous sized rooms and self-contained one bedroom flat on the lower level. The property also has access down the side of the property and could possibly be a development opportunity (STCA). The upstairs has 3 large bedrooms with open plan kitchen, living and dining, separate toilet and laundry and well appointed deck that captures the lovely outlook at the back of the property. Great sized yard perfect for children and pets and ample space for a vegie garden. Ideally located walking distance or just 2 minutes drive to the Launceston General Hospital and Launceston's CBD. Close to schools, shops, public transport and all amenities, this property provides convenience at every turn. Huge potential for increased rental income with renovations to the property.

Built: 1939
Building Size: 186m2

Land Size: 697m2
Council Rates: Approx. $1500 per year
Water Rates: Approx. $1000 per year
Zoning: General Residential
Rent: $430 per week
Lease End: 19th January, 2024

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

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Property History for 22 Pedder St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$465,000
08 Jun 2023
Listed for Rent
$360/w
23 Dec 2019
  • 08 Jun 2023
    Sold for $465,000
  • 02 May 2023
    Listed for Rent - Price not available
  • 02 May 2023
    Listed for Sale Not Disclosed
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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 2,431 properties. Over the last 5 years, Houses in South Launceston have seen a 65.01% increase in median value, while Units have seen a 52.13% increase. As at 31 August 2024:

  • The median value for Houses in South Launceston is $539,916 while the median value for Units is $365,238.
  • Houses have a median rent of $480 while Units have a median rent of $395.
There are currently 19 properties listed for sale, and 5 properties listed for rent in South launceston on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in South launceston.

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