37 Talbot RoadSouth Launceston TAS 7249
Property Details for 37 Talbot Rd, South Launceston
37 Talbot Rd, South Launceston is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1915. The property has a land size of 4625m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last sold in July 2016.
Last Listing description (July 2024)
This 5202 sqm property is located in the heart of South Launceston and boasts development approval for 4 high-end homes. The property features a 4-bedroom home with an income of approximately $30,160 per annum. The block commands excellent views to the north-east and is ideally located between the CBD of Launceston and the shopping precinct of Kings Meadows.
This is a rare opportunity to secure a property with enormous potential. The property is situated on general residential land (low density) and is perfect for developers looking to build high-end homes in a prime location. The property is also ideal for families looking for a spacious home with plenty of room to move.
Property History for 37 Talbot Rd, South Launceston, TAS 7249
- 25 Jan 2024Listed for Sale Offers Over $750,000
- 12 Sep 2023Listed for Rent $580 / week
- 01 Jul 2022Listed for Rent $600 / 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 2,413 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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