3 Hobart Rd, South Launceston is a 2 bedroom, 2 bathroom House with 3 parking spaces and was built in 1925. The property has a land size of 510m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in December 2000.
2 Flats Zoned Local Business
Circa 1925, this home has been converted into 2 very comfortable 1 bedroom flats. Most of the original features have been retained including polished floor boards. The 490m2 block is zoned Local Business and has secure fences (both colour bond and timber) all around. The rear yard is accessed via a sealed driveway and has a 3 bay carport along with extra off street parking, recently re-wired and a new colourbond roof. The property is close to public transport and is conveniently located close to schools, shops and the CBD. With a combined return of $285 per week, this is an ideal investment opportunity. Contact Deb Billing on 0418 558 725 or deb.billing@raywhite.com or Robert Anderson on 0407 569 300 or robert.anderson@raywhite.com
Additional feature/s - Built-In Wardrobes.
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:
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