SOLD
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Sold on 02 Sep 2024 for $530,000

35 Melbourne Street
South Launceston TAS 7249

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 107m2
Land area: 809m2
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Property Details for 35 Melbourne St, South Launceston

35 Melbourne St, South Launceston is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 809m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in South Launceston in the last 12 months.

Building Type
House
Floor Size
107m2
Land Size
809m2
Local Government
Launceston
Lot/Plan
2/59566

Last Listing description (September 2024)

Featuring period details like high ceilings and ceiling roses, this three-bedroom residence offers modern comforts including an updated kitchen and bathroom with granite benchtops and a sunny lounge overlooking South Launceston.

With plans already drawn for an ancillary dwelling at the rear, ideal for short term accommodation (STCA) with such close proximity to Launceston General Hospital and Launceston's CBD, this property could enjoy extra potential with returns of up to $28,000 pa.

Enjoy reverse cycle air conditioning, a lock-up garage and a terraced backyard with potential for enhancement. Ideal for those seeking a convenient lifestyle close to the hospital, shops, cafes, schools and the CBD, this property combines timeless elegance with city living convenience.

Key Features:
• Character1890 home in popular South Launceston
• Short walk to Launceston General Hospital (1km)
• Potential for unit addition at the rear (STCA)
• Potential to value add with some TLC
• Period features of high ceilings, hall archway and ceiling roses retained
• Three bedrooms (built in storage)
• Open plan kitchen and dining
• Updated kitchen features Granite benchtops and offers a dishwasher
• Sunny lounge with views over South Launceston
• Updated bathroom also features a large Granite benchtop
• Convenience of reverse cycle air conditioning
• Terraced backyard with scope for improvement
• Lock up garage, carport and extra undercover area at the rear
• Close to schools, supermarkets, shops, cafes, restaurants and all city conveniences
• Close to Launceston General Hospital (2 min drive or 1km walk)
• Just a 6-minute drive to Launceston's CBD

Contact Jeremy Wilkinson for your inspection.

Short term accommodation estimate on the potential rear unit(STCA): $27,700 pa
Current long term rental estimate: Up to $475 pw
House size: 107 sqm
Garage size: 30 sqm
Land size: 809 sqm
Built: 1890
Council rates: $1,830 pa
Council: Launceston
Council Zoning: General Residential

**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**

Property History for 35 Melbourne St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$530,000
02 Sep 2024
Listed for Rent
$460/w
04 Jul 2023
  • 02 Sep 2024
    Sold for $530,000
  • 23 Jul 2024
    Listed for Sale Offers over $495,000
  • 10 May 2023
    Listed for Rent $460 / 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 2,431 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 18 properties listed for sale, and 6 properties listed for rent in South launceston on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in South launceston.

Suburb Insights for South Launceston 7249

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Contact agent
Jeremy Wilkinson
Show contact details
Harcourts Launceston
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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.